A Spicy Start to 2024-25 India’s spice trade is off to a complex start this fiscal year. Export volumes fell by 2% in the first four months of FY 2024-25, […]
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Category: Turmeric
Turmeric
Turmeric Prices Set to Rise During Festive Season
Turmeric Prices Stabilize After Sharp Decline Turmeric prices dropped over 20% from their peak in May but may rise again during the festive season due to low stock levels. Currently, […]
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India’s Monsoon Above Normal in Early July, But Deficit Looms
Crucial Week Ahead for Rainfall Recovery In early July, India experienced a 9% above-normal monsoon, thanks to a significant 39% surplus recorded during the first week. However, a substantial deficit […]
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Turmeric in a Slump Due to Speculation: Production Decrease and Old Stock Reduction Signal Future Price Rise
Impact of Speculators on Market Prices There has been a 37-38 percent decrease in the production of turmeric compared to normal, and this time the old stock has been cut […]
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Signs Of Further Improvement In Turmeric
Current Market Scenario The turmeric market continues to experience a steady increase in prices. On June 11, turmeric prices rose by 0.86 per cent. This upward trend is mainly due […]
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Turmeric Sowing Set to Increase Due to Attractive Prices
Increased Sowing Area and Favorable Conditions Farmers in Karnataka expect a 10-15 percent increase in turmeric sowing area this year due to high prices and favorable conditions. These prices provide […]
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Surge in Turmeric Acreage in Karnataka’s Chamarajanagar
An Opportunity for Exporters Due to higher market prices, the turmeric acreage in Karnataka’s Chamarajanagar district, a significant turmeric-producing region, is expected to increase by 10-15 percent this year. The […]
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Turmeric Prices Set to Stay High Due to Low Supply and Strong Demand
Production Declines and Market Dynamics Keep Prices Robust Last month, the futures price of turmeric softened slightly after reaching a new record high. The golden-colored spice is expected to stay […]
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Will Turmeric Prices Rise?
The price of turmeric is on the brink of a significant hike by July 2024, propelled by a drastic reduction in production and a steep decrease in old stock. The […]
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Turmeric Prices Surge as Production Falls Short of Demand
Demand Outpaces Supply, Driving Turmeric Prices Upward Turmeric futures have started to climb again in various markets as this year’s lower production has led to supply shortages. Traders and industry […]
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