Mumbai (Commodities control) - Most of the turmeric mandis continue to be shut due to celebrations of the harvest festival in the South of India-Pongal.
Barring Nanded mandi of Maharashtra, where turmeric varieties settled higher by Rs 300 and Rs 400 for Gattha and Finger varieties of turmeric, the yellow spice settled steady in Sangli and Warangal mandis amid unchanged arrivals of 2,000 bags and 100 bags respectively.
On NCDEX, turmeric April and May futures declined for the third consecutive session on Friday. April futures closed Rs 28 lower, while May futures ended Rs 70 weaker.
Turmeric futures on NCDEX ended lower due to weak demand and adequate carryover stocks in the market. Expectations of a rise in arrivals of the new crop after Makar Sankranti, the onset of the harvest season, may further weigh down prices.
|
Commodity
|
Market
|
Variety
|
Price
|
Price
|
Prev_Price
|
Prev_Price
|
Change(Max Today-Prev Max)
|
Arrival
|
|
Turmeric
|
Sangli
|
Kadapa
|
5600
|
5700
|
5600
|
5700
|
0
|
|
|
Turmeric
|
Sangli
|
Rajapuri
|
6200
|
6700
|
6200
|
6700
|
0
|
2000
|
|
Turmeric
|
Warangal
|
Gattha
|
4200
|
4300
|
4200
|
4300
|
0
|
100
|
|
Turmeric
|
Warangal
|
Finger
|
4400
|
4500
|
4400
|
4500
|
0
|
|
|
Turmeric
|
Nanded
|
Gattha
|
5800
|
6000
|
5300
|
5700
|
300
|
1250
|
|
Turmeric
|
Nanded
|
Finger
|
5800
|
6850
|
5450
|
6450
|
400
|
|
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