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Turmeric prices fall in spot, futures

24 Jan 2022 7:55 pm
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Nizamabad, 24 January (Commoditiescontrol) Turmeric prices were turned bearish in the physical market on Monday due to subdued demand at higher level as prices gained considerably in past few sessions. Turmeric futures also ended lower on the National Commodity and Derivatives Exchange today.


Demand weakened as buying reduced at higher prices.

Turmeric prices were down up to Rs 200 per quintal at most mandis except Nizamabad and Erode.

The new crop has entered the mandis in small numbers at present. The position of turmeric is expected to be different once new crops come in large numbers.

Nizamabad mandi had arrivals of 3000 bags.

On the NCDEX, turmeric April futures closed at Rs 9814 per quintal, falling by 4.83% or Rs 498 per quintal.

Commodity

Market

Variety

Min

Max

Prev. Min

Prev. Max

Change

Arrivals

Turmeric

Nizamabad

Gattha

7900

8400

7900

8400

0

3000

Turmeric

Nizamabad

Finger

8700

9200

8700

9200

0

Turmeric

Nizamabad

D P Finger

9700

9800

9700

9800

0

Turmeric

Nizamabad

D P Gattha

8700

9100

8700

9100

0

Turmeric

Duggirala

Finger

6900

7200

7000

7400

-200

600

Turmeric

Duggirala

Gattha

6900

7200

7000

7400

-200

Turmeric

Sangli

Kadapa

7300

8100

7500

8300

-200

6600

Turmeric

Sangli

Rajapuri

9400

9500

9600

9700

-200

Turmeric

Erode

Finger

7800

8000

7800

8000

0

3100

Turmeric

Erode

Gattha

8500

8600

8500

8600

0

Turmeric

Hingoli.

Finger

7800

9700

8000

9900

-200

1000

Turmeric

Nanded

Gattha

7400

8600

7600

8800

-200

3500

Turmeric

Nanded

Finger

8000

10400

8000

10600

-200

(By Commodities control Bureau; +91 9820130172)


       
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