The Indian turmeric market continues to show a mostly bullish tone on ongoing beliefs that the 2016 crop will fall short of expectations due to lack of soil moisture in certain growing areas. The total Indian crop could end up at 70-80% of the hoped for potential size…READ MORE
Due to recent heavy rainfall in Tamil Nadu may damage Turmeric standing crop. Sources revealed that, heavy rainfall mainly occurred in coastal region. Currently cloudy weather reported in major growing regions, if it continues with rainfall for one week may damaged Turmeric seed (water logging in field). Farmers expected as per current scenario Turmeric yield […]
At Erode market, Turmeric Finger is trading weak at Rs. 9400-9600 per quintal, down by 2.04 per cent as compared to previous day. Arrivals were reported at 2500 quintals, down by 2700 quintals from previous day’s arrivals. Turmeric Gattah is offered weak at Rs. 9000-9200 per quintal, down by 2.13 per cent as against previous […]
Indian turmeric prices have shown a firmer tendency of late on early claims that next year’s crop could fall short of expectations. The next crop will not be due to start arriving on the local markets until January 2016 at the earliest and most of the big harvesting is done in February/March, being followed by […]
Indian turmeric prices are trading on the higher side compared with last year despite a correction in the last few months. According to the Spices Board of India, turmeric production stood at 987,000 tonnes in 2012-13. The board estimated that for 2014-15, the production of turmeric might decline to 730,000 tonnes compared with 800,000 tonnes […]
There has been partial compensation by the acreage under turmeric going up in Andhra Pradesh and Telangana by 8-10%, compared to 2013-14, but this is tempered by concerns over crop losses due to Cyclone Hudhud that hit the state in October 2014. Prices of turmeric rose by a whopping 42% to INR8,990 a quintal by […]
The price of turmeric has increased further and this is mainly because the turmeric prices in Erode, Sangli and Nizamabad have risen due to smaller crops. The expected decline in production in Tamil Nadu and Telangana is supporting the prices. The turmeric prices are expected to remain firm during this year and estimated turmeric production […]
The Spices Board of India has given its technical agreement for the establishment of a turmeric park in Nizamabad district. Many farmers feel that the park needs to be set up in the Armoor sub-division as the turmeric is mainly grown in over 30,000 hectares in eight mandals of the area. The sub-division has all […]
Indian turmeric prices look likely to be prone to some upward pressure over the remainder of this year as the key producer of this spice is forecast for a sharp fall in output and continued strong demand. Turmeric is the second largest produced spice in India and India is seen as the price maker for […]
INDIAN spices showed a mixed price trend in the week to March 23, with some facing strong downward pressure while others were steady to slightly firmer. Indian turmeric spot levels in Nizamabad eased by 1.06% on slow buying at earlier higher prices. Ahead of the slide, turmeric spot prices had gained by 11.7%…READ MORE