NCDEX Turmeric Rebound From Lower Levels

NCDEX Turmeric rebound from lower levels of the season on Wednesday on bargain buying by the market participants. There are expectation of improved demand in coming weeks as prices are lower. However, turmeric arrivals in the country is on higher side during second half of March at 79,534 tonnes compared to 63,965 tonnes during last month same period, 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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