NCDEX Turmeric Jumps 2.94% On Thursday

NCDEX Turmeric jumps 2.94% on Thursday due to higher demand at lower prices. This season the prices continue to lower due higher arrivals and lower demand physical demand. The demand for the new season turmeric in recent weeks is lower from the up country traders. The turmeric arrivals in the country are higher at 115,205 tonnes during Mar 1-20 compared to 30,945 tonnes during previous month, as per the Agmarknet data. On the export front, country exported about 82,115 tonnes during April-Dec period, up by 28% compared to last year exports of 64,105 tonnes, as per government data. 

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