Turmeric Prices Gained On Short Covering After Prices Dropped

Turmeric trading range for the day is 6310-6514.

Turmeric prices gained on short covering after prices dropped on higher supply amid weak demand in the physical market.

This year turmeric output is expected to rise following higher acreage which is also weighing on prices.

NCDEX accredited warehouses turmeric stocks dropped by 95 tonnes to 3329 tonnes.

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Jeera Trading Range For The Day Is 18915-20365

Jeera trading range for the day is 18915-20365.

Jeera dropped on profit booking seen after news that Gujarat government is providing water in canal for rabi crops amid scanty rains.

As per reports, jeera exports in 2018/19 has crossed 1 lakh tonnes, up 54.8% compared to exports last year for same period.

NCDEX accredited warehouses jeera stocks dropped by 236 tonnes to 2401 tonnes.

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Turmeric Traded In Range Amid Lower Than Expected Exports

Turmeric trading range for the day is 6366-6582.

Turmeric traded in range amid lower than expected exports and domestic demand.

Besides, higher arrivals from growing regions and reports on higher acreage also weighed on the prices.

NCDEX accredited warehouses turmeric stocks dropped by 24 tonnes to 3434 tonnes.

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Turmeric Dropped Amid Lower Than Expected Exports And Higher Sowing

Turmeric trading range for the day is 6330-6574.

Turmeric dropped amid lower than expected exports and higher sowing turmeric areas of Tamilnadu, Karnataka and Maharashtra.

Turmeric sowing in all major producing states is higher than last year as weather remained favourable.

NCDEX accredited warehouses turmeric stocks dropped by -15 tonnes to 3447 tonnes.

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Turmeric Dropped Amid Improved Acreage And Higher Arrivals

Turmeric trading range for the day is 6560-6728.

Turmeric dropped amid improved acreage and higher arrivals from growing areas.

However downside seen limited amid concerns that drought condition in Maharashtra and Karnataka will affect Turmeric standing crop.

NCDEX accredited warehouses turmeric stocks gained by 48 tonnes to 3392 tonnes.

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Turmeric Prices Ended With Flat Node After Prices Seen Supported On Strong Demand

Turmeric trading range for the day is 6600-6736.

Turmeric prices ended with flat node after prices seen supported on strong demand in the physical market and subdued stock.

Acreage of turmeric in Erode may jump nearly 80% on year to 5,300 ha in 2018-19 because of very good rainfall this year

NCDEX accredited warehouses turmeric stocks gained by 338 tonnes to 3303 tonnes.

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Jeera Trading Range For The Day Is 19615-20115

Jeera trading range for the day is 19615-20115.

Jeera prices ended with losses tracking weakness in spot demand amid higher arrivals in the physical market.

During monsoon season, Jeera producing districts of Gujarat received scanty rains, which will affect its production in next season.

NCDEX accredited warehouses jeera stocks dropped by 107 tonnes to 2642 tonnes.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Turmeric Prices Gained On Improved Demand In The Local Mandis

Turmeric trading range for the day is 6464-6736.

Turmeric prices gained on improved demand in the local mandis amid lower stock.

However, turmeric arrivals in Sangli mandi were 2,000 bags today while the arrivals were 1,500-2,000 bags.

NCDEX accredited warehouses turmeric stocks gained by 78 tonnes to 3648 tonnes.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Turmeric Prices Gained On Expectations Of An Increase In Demand

Turmeric trading range for the day is 6724-6880.

Turmeric prices gained on expectations of an increase in demand and lower stock in the warehouses.

All India Turmeric stocks are reported around 30 - 32 lakh bags as compared to last year 40-42 lakh bags, down by around 24%.

NCDEX accredited warehouses turmeric stocks dropped by 20 tonnes to 2871 tonnes.

For more information ✆ +91-8871068600 or visit Dynamic Money Research