Turmeric On NCDEX Settled Down -1.43% At 6352

Turmeric on NCDEX settled down -1.43% at 6352 due to 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 supplies are improving and there is good demand for the new season crop too. The harvesting is going on in key producing states – Maharashtra, Tamilnadu and Karnataka. 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 data.

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