New Delhi. Turmeric has been sown on a larger area during the current season in the producing states. After sowing, the weather has remained favorable for the crop till now. If the weather remains favorable for the crop in the coming days as well, then certainly the upcoming crop will be more than last year. The new crop will start in January-February. Turmeric is mainly produced in Maharashtra, Telangana, Andhra Pradesh and Tamil Nadu.

Traders say that the stock of turmeric on Marathwada line (Hingoli, Basmat, Nanded) is considered good, while in other areas the stock is less, due to which the arrival is also limited. Traders believe that at present the stock of turmeric at production centers and consumption centers is likely to be 36/38 lakh bags. According to an estimate, apart from 12/13 lakh bags of stock in Marathwada, Nizamabad is believed to have 4/5 lakh bags of stock whereas Erode is estimated to have 3/4 lakh bags of stock and Sangli is estimated to have 3/4 lakh bags of stock. Apart from 3/4 lakh stock in Duggirala and Warangal, trade estimates are being made that there is 7/8 lakh bags of stock at consumption centres.

Currently, due to low export and local trade, the prices of turmeric are subdued. Sources say that during the current month, the prices of turmeric will keep fluctuating between 2/3 rupees of low and high, but in the months of September-October, apart from the increase in export demand, local trade is also likely to increase. Due to which the prices are likely to increase in the coming days. Sources say that the stock is considered to be low as compared to consumption till the arrival of new crop. The arrival of the new crop will start in January on the Nizamabad line, while the arrival in Erode will start in February and in the markets of Maharashtra in March-April. Currently, the price of turmeric single polished bundle in Delhi market is Rs 130/132.