In May, turmeric arrivals in Tamil Nadu amounted to 1,550 tonnes by the date of the report, while those in Andhra Pradesh were at 3,300 tonnes. Arrivals in Maharashtra had reached 3,000 tonnes. Pre-monsoon showers in some growing areas across Tamil Nadu and Karnataka and overall better monsoon predictions pulled back bullish momentum temporarily.…READ MORE
Indian turmeric showed a marginal price correction of 3-4% during April, with limited trading days and selective buying. There has been a decline in Indian supplies for three consecutive years, with overall stocking interest and good Indian demand on any price dips set to support turmeric price levels this year…READ MORE
Turmeric September future market down by 3.83% (Low – 6880/Qtl) on Friday. Turmeric area likely to increase current year as compared to last year. In major growing states like Telangana, Andhra pradesh, Maharashtra etc sowing area reported up. We expect Rs.6800/- level is short term support level, next is Rs.6500/- level…READ MORE
Turmeric April future market up by 2.79% (High –8930/Qtl) on Tuesday. Turmeric area reported lower due to lower rainfall at the time of sowing period which impact on production. As per production estimate, Turmeric production reported lower current year…READ MORE
India’s 2016 turmeric crop which is being harvested now will be smaller than expected, industry sources in the country have warned. It is true that this year’s turmeric crop would be less and the previous year’s stocks have also hit all-time lows. Therefore the demand would outstrip the supply…READ MORE
Indian turmeric exports remained strong last year being only marginally behind the levels of 2014 and comfortably ahead of the 2013 volumes. Customs data shows that the major turmeric producer shipped a total of 83,890 tonnes to global destinations in 2015 compared with 86,728 tonnes in 2014…READ MORE
Turmeric April future market up by 2.79% (High –8930/Qtl) on Tuesday. Turmeric area reported lower due to lower rainfall at the time of sowing period which impact on production. As per production estimate, Turmeric production reported lower current year…READ MORE
At Sangli market, Turmeric Rajapuri/Selam Finger is trading weak at Rs. 10500-10800 per quintal, lower by 3.57 per cent from previous day’s price level. Estimated market supply was at 3000 quintals, up by 3000 quintals from previous day’s arrivals. Turmeric Medium is offered weak at Rs. 9500-9800 per quintal, down by 3.92 per cent as […]
Indian spices, have maintained their strong growth pattern in exports during the ongoing financial year, and appear set to cross the USUSD2.5 billion mark with ease. Turmeric is another spice that has made great strides on the export front, with 86,000 tonnes valued at INR7.44 bln exported in 2014/15, as compared to 77,500 tonnes worth INR6.67 […]
Turmeric April future market up by 3.98% (High –10126/Qtl) on Tuesday. Expectations of lower production current year may support the prices in coming days. We expect Turmeric price may go up further on expectation of good demand both from Stockists and Exporters…READ MORE