Turmeric On NCDEX Settled Up By 1.11% At 8364

Turmeric on NCDEX settled up by 1.11% at 8364 despite of sowing operations are getting momentum due to good rains in producing centres. Sowing operations are reported in full swing in most of the producing states as rains have picked up in the producing areas of Andhra Pradesh, Telengana, Tamil Nadu, Odisha and Maharashtra thanks to good monsoon rains. Traders are expecting higher acreage this year. In Telangana State, Turmeric sowing reported, around 21028 hectares as compared to last year same period 25516 hectares, normal in season 48083 hectares.

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