NCDEX Turmeric Boom by Strong Demand

Turmeric prices recovered strongly. Overall fundamentals remained strong as low sowing reports, falling stocks and pickup in demand are factors that are supporting Turmeric prices.

Falling arrivals amidst rising demand and prospects of low acreage in AP and Tamil Nadu due to low rains kept trend up. Favourable monsoon reports amidst high stocks and lack of strong local demand may limit the uptrend however.

@ We are advice all Trader can Buy TMC for Long Term.