Spot Market Update: Turmeric trades lower on weak demand

 

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Strong exporters demand has supported turmeric market today. Sources also stated that total daily arrivals of 13,000 bags have been reported in Nizamabad mandi.

The total production in the coming year is expected to be around 68 lakh bags, up 20 lakh bags from the last year.

The spot prices of turmeric increased by Rs 100 per quintal at Erode mandi.

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