Commodity Agri Turmeric Report and Tips Free

Turmeric futures fell on Monday on reports of new season turmeric hit the markets in south India and damage to the turmeric crop in recent rains is not significant. Expectations of increasing production in coming harvesting season and lowering export demand in recent months are putting pressure on turmeric prices at higher levels. Turmeric acreage in Telangana and Andhra Pradesh was higher this year as compared last year.

Market is expecting a good crop this season. Turmeric trade ended the day at Rs. 6802 per quintal which is approx 0.26% down against its previous close.

Trading Advice 

@We recommend sell Turmeric futures during today’s trading session.

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