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Weakness Continues In Spot Turmeric Prices

19 Nov 2019 6:49 pm
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MUMBAI (Commoditiescontrol) - Spot turmeric prices declined further by Rs 100 per quintal at the major Nizamabad and Warangal markets in Telangana on Tuesday amid lacklustre demand and arrival of low quality spice.

At the Kesamudram market, prices even fell by Rs 200 per quintal.

According to traders, demand remained sluggish in the market as the quality of turmeric coming to the mandis is low. At the same time, the pressure on prices was also due to the projected increase in production.

At the National Commodity and Derivatives Exchange (NCDEX), turmeric for delivery in December ended higher by Rs 24 or 0.41 percent at Rs 5,808 per quintal after moving in the range of Rs 5,890 and Rs 5,760 per quintal.

Commodity

Market

Variety

Min Today

Max Today

Min Previous Day

Max Previous Day

Change(Max Today-Prev Max)

Arrival

Turmeric

Nizamabad

Gattha

5700

5800

5900

5900

-100

1500

Turmeric

Nizamabad

Finger

5800

6000

6100

6100

-100

Turmeric

Nizamabad

D P Finger

7000

7000

7000

7000

0

Turmeric

Nizamabad

D P Gattha

6800

6800

6900

6900

-100

Turmeric

Warangal

Gattha

5000

5000

5100

5100

-100

50

Turmeric

Warangal

Finger

5400

5400

5500

5500

-100

Turmeric

Kesamudram

Gattha

5200

5200

5400

5400

-200

20

Turmeric

Kesamudram

Finger

5400

5400

5600

5600

-200

Turmeric

Erode

Finger

6300

6400

6300

6400

0

2900

Turmeric

Erode

Gattha

6100

6200

6100

6200

0


       
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