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 weakened export demand and higher output estimates. Rising arrivals in the spot markets also weighed on prices…READ MORE