Nizamabad Turmeric Market Hits New High, Predicts Continued Surge


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The Nizamabad turmeric spot market has achieved a milestone, reaching Rs.17,500 per quintal for NCDEX Quality, marking a substantial increase of Rs.700 from the previous peak. This surge mirrors the prevailing bullish sentiment in the market.

AgriWatch forecasts a sustained upward trajectory in prices until the commencement of the next season, attributed to diminished ending stocks in 2024 and a decrease in the sowing area for the current year.