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Turmeric prices remain bearish despite rains

IN spite of heavy rains damaging more than 200 bags of turmeric in the major producing areas of Dugirala and Sangli in late September and early October, prices are generally expected to remain bearish.

Turmeric is cultivated on 18m hectares across India, yielding a total of 70m tonnes. The southern Indian state of Andhra Pradesh contributes nearly 50% of the total turmeric production in the country, with Tamil Nadu taking second place…READ MORE

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