Turmeric prices rise

23-Nov-2024 10:32 AM

Turmeric prices rise
The rise in turmeric prices this week has been notable across various key markets in India. Here's a summary of the price trends:

Erode Market: There was a special rise in turmeric prices, though specific figures weren’t provided, indicating a general upward movement.

Warangal and Nizamabad: Prices saw an increase of Rs 500 this week, contributing to the overall upward trend in turmeric pricing.

Delhi Market:

Turmeric Single Polish prices started at Rs 6800/14000 per quintal on Monday, and by Friday, they surged to Rs 14200/14400 per quintal.
This is a significant increase, reflecting strong market demand or supply disruptions.
Mini Salem Turmeric: Prices followed a similar trend, rising to Rs 16200/16500 per quintal.

Impact of Crop Disease: The rise in prices is largely attributed to production issues due to crop diseases in key turmeric-producing regions like Sangli in Maharashtra. This has limited supply and, consequently, driven up prices.

In summary, the increase in turmeric prices is largely due to production disruptions from disease outbreaks in major growing regions, combined with a general increase in demand across various markets.