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.
|
|
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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