Mumbai (Commodities control) - Turmeric prices in major spot markets settled flat on Monday, reopening after extended celebrations of the harvest festival in the South of India last week.
The yellow spice settled steady in Nizamabad mandi and Basmatnagar amid arrivals of 5,500 bags and 3,000 bags respectively. Turmeric was quoted unchanged in Sangli and Warangal mandis amid stable arrivals of 2,000 bags and 100 bags respectively.
On NCDEX, turmeric April and May futures settled a tad bit higher on Monday, after three consecutive sessions of decline last week. April futures closed Rs 34 higher, while May futures ended Rs 6 stronger.
Turmeric futures on NCDEX ended lower last week, due to weak demand and adequate carryover stocks in the market. Expectations of a rise in arrivals of the new crop with the onset of the harvest season, also weighed down prices
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Commodity
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Market
|
Variety
|
Price
|
Price
|
Prev_Price
|
Prev_Price
|
Change(Max Today-Prev Max)
|
Arrival
|
|
Turmeric
|
Nizamabad
|
Gattha
|
5400
|
5600
|
|
|
0
|
5500
|
|
Turmeric
|
Nizamabad
|
Finger
|
5500
|
5800
|
|
|
0
|
|
|
Turmeric
|
Nizamabad
|
D P Finger
|
6500
|
6600
|
|
|
0
|
|
|
Turmeric
|
Nizamabad
|
D P Gattha
|
6400
|
6500
|
|
|
0
|
|
|
Turmeric
|
Basmatnagar
|
Gattha
|
5150
|
6200
|
|
|
0
|
3000
|
|
Turmeric
|
Basmatnagar
|
Finger
|
5200
|
6000
|
|
|
0
|
|
|
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
|
Hingoli.
|
Finger
|
5000
|
6500
|
|
|
0
|
1000
|
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