Turmeric Prices Surge in Spot Markets


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In line with AgriWatch's predictions, spot markets for turmeric are witnessing a significant uptick in prices. The surge is attributed to diminished 2024 ending stocks and a reduction in the sowing area for this year.

The Nizamabad turmeric spot market has set a new record, touching Rs.16,700 per quintal for NCDEX Quality. This peak price remains stable, reflecting the overall bullish trend in the market.

Compared to the same period last year, prices are notably higher due to the current year's reduced sowing area.