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Explore the Reasons Behind the Soaring Prices of Turmeric on the Futures Market and Spot Market

Explore the Reasons Behind the Soaring Prices of Turmeric on the Futures Market and Spot Market
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Turmeric prices regain lustre on export demand - The Hindu BusinessLine

Turmeric prices regain lustre on export demand
May 19, 2021
Buying interest from Bangladesh, Europe and Gulf countries, say traders
Turmeric prices have begun to move up over the last couple of sessions in spot and futures markets across the country following export demand from Europe, Gulf countries and Bangladesh.
Prices had dropped over the last few weeks as the curbs and lockdowns announced to control the second wave of Covid-19 pandemic affected trading.
Prices of turmeric climbed ₹600 a quintal to ₹7,100 at Nanded Agricultural Produce Marketing Committee (APMC) yard since May 11, when the markets opened after being closed for over two weeks. ....

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