Turmeric Trading Range For The Day Is 6294-6670

Turmeric trading range for the day is 6294-6670.

Turmeric prices gained in anticipation of the declaration of minimum support price for the spice by Andhra Pradesh.

Prices have increased at a time when the spice industry is waiting for a fresh harvest in February-March.

The next crop is expected to be a good one as sowing has increased in Telangana, Andhra Pradesh and Maharashtra because of good rains.

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Turmeric Trading Range For The Day Is 6502-6926

Turmeric trading range for the day is 6502-6926.

Turmeric prices gained amid loss to standing crop due to excessive rains in some parts of the country.

Tamil Nadu government to procure turmeric at decent prices to help the farmers as prices have fallen to one-third of the prices a few years ago.

The reason being is that the yield in the current 2019-20 is seen higher due to favourable rains in the key producing states.

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Turmeric Prices Gained On Fears Of Delay In Harvesting And Weak Supplies

Turmeric trading range for the day is 5796-6104.

Turmeric prices gained on fears of delay in harvesting and weak supplies.

The total area sown under turmeric in Telangana was at 48,315 hectare in the current 2019-20 season

At the Erode Turmeric Merchants Association Sales yard, finger turmeric was sold at Rs 5,700-7,269 a quintal

In Nizamabad, a major spot market in AP, the price ended at 6100 Rupees gained 50 Rupees.

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Turmeric Trading Range For The Day Is 6260-6460

Turmeric trading range for the day is 6260-6460.

Turmeric prices gained as buyers are active as crop loss in is also reported to be low.

Turmeric sowing reported 12,583 hectares as compared to 17,602 hectares in the corresponding period last year.

The average supply of turmeric in Duggirala market in Andhra Pradesh is around 5,000-6,000 quintals per day.

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Turmeric Trading Range For The Day Is 5938-6254

Turmeric trading range for the day is 5938-6254.

Turmeric dropped on profit booking after prices gained as buyers are active as crop loss in Maharashtra, Karnataka and Tamil Nadu is also reported to be low.

Turmeric sowing reported 12,583 hectares as compared to 17,602 hectares in the corresponding period last year.

The average supply of turmeric in Duggirala market in Andhra Pradesh is around 5,000-6,000 quintals per day.

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Turmeric Trading Range For The Day Is 5664-5896

Turmeric trading range for the day is 5664-5896.

Turmeric prices dropped on better crop prospects amid weak export demand from Iran.

As per Andhra Pradesh Govt, Turmeric sowing reported 10,345 hectares as compared to 17,640 hectares in the corresponding period last year.

The total area sown under turmeric in Telangana was at 48,315 hectare in the current 2019-20 season, slightly up from 47,790 hectare

In Nizamabad, a major spot market in AP, the price ended at 5964.3 Rupees dropped -19.05 Rupees.

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Turmeric Prices Gained Amid Fears Of Loss To Standing Crop

Turmeric trading range for the day is 6134-6370.

Turmeric prices gained amid fears of loss to standing crop due to excessive rains in some parts of the country.

As per Andhra Pradesh Govt, Turmeric sowing reported 10,345 hectares as compared to 17,640 hectares in the corresponding period last year.

The total area sown under turmeric in Telangana was at 48,315 hectare in the current 2019-20 season, slightly up from 47,790 hectare.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Turmeric Prices Dropped Due To Sufficient Stocks Arriving In The Market

Turmeric trading range for the day is 6254-6666.

Turmeric prices dropped due to sufficient stocks arriving in the market coupled with expectation of good production

However, downside seen limited due to lower sowing area in Tamil Nadu due to deficient rainfall.

Indian turmeric exports have been hit by the US sanctions against Iran, the largest buyer of the spice from India.

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Turmeric Settled Up On Crop Loss Apprehensions In Sangli Area Of Maharashtra

Turmeric trading range for the day is 6682-6874.

Turmeric settled up on crop loss apprehensions in Sangli area of Maharashtra.

Further, likely damage in Maharashtra may be compensated by better yield in southern states.

In Tamil Nadu, Turmeric growing regions lower rainfall reported, till now only 45-50% sowing completed.

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Turmeric Trading Range For The Day Is 7018-7210

Turmeric trading range for the day is 7018-7210.

Turmeric prices dropped tracking weakness in spot demand on profit booking after prices gained amid fears of lower sowing.

Current year Turmeric sowing reported delayed by 20 - 25 days in Maharashtra due to water scarcity.

In Sangli district of Maharashtra and adjoining area of Karnataka till now 35 -40% turmeric sowing completed, farmers were waiting for rainfall.

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Turmeric Settled Flat As Prices Remained Supported By Improving Export Demand

Turmeric trading range for the day is 6560-6716.

Turmeric settled flat as prices remained supported by improving export demand and forecast of below normal rains in the turmeric growing areas of the country.

Area under cultivation is expected to rise this year in anticipation of good weather conditions in key growing regions.

Government raised turmeric output for 2018-19 to 13.89 lakh tons in the second advance estimates from 11.49 lakh tons in the first advance estimates.

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Turmeric Gained On Short Covering After Prices Dropped Due To Good Rains

Turmeric trading range for the day is 6646-6846.

Turmeric gained on short covering after prices dropped due to good rains in South peninsula and higher deliveries at Exchange.

Area under cultivation is expected to rise this year in anticipation of good weather conditions in key growing regions.

Government raised turmeric output for 2018-19 to 13.89 lakh tons in the second advance estimates from 11.49 lakh tons in the first advance
estimates.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Turmeric Prices Gained Supported By Improving Export Demand

Turmeric trading range for the day is 6236-6508.

Turmeric prices gained supported by improving export demand and forecast of below normal rains in the turmeric growing areas of the country

Government procurement in some states coupled with improving demand for exports will support price rise.

Turmeric output for 2018-19 crop season which was earlier projected to remain steady at around 11.5 lakh tons

In Nizamabad, a major spot market in AP, the price ended at 6460.4 Rupees gained 40 Rupees.

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Turmeric Settled Down Due To Weak Demand And Rise In Supplies

Turmeric trading range for the day is 6620-6916.

Turmeric settled down due to weak demand and rise in supplies.

Turmeric prices have been correcting due to sufficient availability of stock with farmers.

However, improvement in export demand and subdued rains in the turmeric growing areas of the country limited the downside.

In Nizamabad, a major spot market in AP, the price ended at 6675 Rupees remains unchanged at0 Rupees.

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Turmeric Ended With Losses As Pressure Seen On Prices Due To Higher Stocks

Turmeric trading range for the day is 6848-7084.

Turmeric ended with losses as pressure seen on prices due to higher stocks with traders and farmers.

However, Government procurement in some states coupled with improving demand for exports limited the downside.

Old crop turmeric stocks with traders are expected around 20 lakh bags across the country.

In Nizamabad, a major spot market in AP, the price ended at 6720.45 Rupees dropped -40 Rupees.

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Turmeric Trading Range For The Day Is 6730-7126

Turmeric trading range for the day is 6730-7126.

Turmeric prices dropped on account of improved production in growing areas.

Government procurement in some states coupled with improving demand for exports limiting the downside.

The new turmeric supply in Andhra Pradesh Duggirala market has already started.

In Nizamabad, a major spot market in AP, the price ended at 6745 Rupees dropped -19.3 Rupees.

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Turmeric Gained On Improving Demand From The Up-Country Markets

Turmeric trading range for the day is 6512-6680.

Turmeric gained on improving demand from the up-country markets amid new season crops.

However, increase in turmeric arrivals in all the markets of Erode capped upside.

Currently, buyers are active in the spot amid supply of new crop.

In Nizamabad, a major spot market in AP, the price ended at 6483.35 Rupees gained 1.55 Rupees.

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Turmeric Dropped Due To Near Normal Monsoon Forecast

Turmeric trading range for the day is 6332-6536.

Turmeric dropped due to near normal monsoon forecast and higher carryover stocks.

Farmers in Telangana and Andhra Pradesh are holding stocks hoping improvement in prices after the ongoing Lok Sabha elections.

Worries over El Nino conditions have eased and there are indications of another year of robust monsoon rain.

In Nizamabad, a major spot market in AP, the price ended at 6496.15 Rupees gained 9.6 Rupees.

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Turmeric Dropped Due To Near Normal Monsoon Forecast

Turmeric trading range for the day is 6336-6608.

Turmeric dropped due to near normal monsoon forecast and higher carryover stocks.

Farmers in Telangana and Andhra Pradesh are holding stocks hoping improvement in prices after the ongoing Lok Sabha elections.

Worries over El Nino conditions have eased and there are indications of another year of robust monsoon rain.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com

Turmeric Prices Dropped On The Back Of Fresh Season Arrivals

Turmeric trading range for the day is 6522-6742.

Turmeric prices dropped on the back of fresh season arrivals and good production prospects.

Pressure also seen as some good quality produce is also arriving for sale in Erode market.

Worries over El Nino conditions have eased and there are indications of another year of robust monsoon rain.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com