INDIAN turmeric prices are expected to remain prone to upward pressure over the near term despite some recent weakness on the futures exchange. Good export demand coupled with steady demand at the physical counter could cap a major decline in price…READ MORE
INDIAN turmeric prices look set for continued increases over the coming weeks due to delayed arrivals of new crop material and rising consumption. In comparison with the improving supply situation, demand for turmeric is expected to gain pace as the stockists are still to enter the market. This could maintain the positive move in price […]
INDIAN turmeric prices are expected to remain prone to upward pressure over the coming weeks due to delayed arrivals of new crop material and strong demand. While the supply situation in Nizamabad and Erode had improved from that of the previous week, it was still lower than the last season’s arrivals of 15,000 and 20,000 […]
Turmeric arrivals usually start in mid-January in small quantities and gain momentum from March from when the peak season runs through until June. Turmeric exports in January 2010 stood at 3,250 tonnes, down 22.61% from a year ago, according to the Spices Board…READ MORE
A BUMPER crop in India, allied to stagnant export demand, is expected to keep the prices of turmeric lower in international markets during the ongoing year, with none of the volatility witnessed in the final quarter of 2009 Last week, turmeric futures had drifted to Rs6,694 per quintal as speculators reduced their positions due to […]
A SLOW downward drift in domestic and international turmeric prices during the first three weeks of January has not deterred turmeric farmers who have seen fresh buying by traders on expectations of a pick-up in demand. It was not surprising to see the drop in turmeric prices this year after an outstanding 2009…READ MORE
INDIAN turmeric futures extended the previous session’s losses on Wednesday on fresh arrivals, higher output hopes and a drop in November exports. Arrival pressure is building in the physical market. Arrivals from new crop have started in few places in Andhra Pradesh. Farmers are also bringing old crop in the market…READ MORE
Spices export in November stood at 39,485 tonnes, compared with 32,985 tonnes a year ago. Turmeric exports also dropped by 33% to 3,000 tonnes…READ MORE