Turmeric On NCDEX Settled Down By -0.24% At 8150

Turmeric on NCDEX settled down by -0.24% at 8150 as weather in the turmeric-growing regions is expected to remain good for the season. The arrivals in the main physical markets such as Nizamabad, Duggirala (AP), Salem, Erode and Sangli reported decreasing. There is expectation of lower arrivals and good upcountry demand may lend support in coming weeks. Turmeric acreage in Telangana as on now was around 41,000 hectares as compared to 36,000 hectares last year.

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