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Turmeric prices rise in India on demand pick-up, fears of lower output
On National Commodities and Derivatives Exchange (NCDEX), unpolished turmeric for delivery in April ruled at Rs 6,198 on January 13. According to NCDEX, spot prices have increased to Rs 5,725 from Rs 5,582 a week ago.
Subramani Mancombu
Turmeric prices in India have increased by Rs 200-300 a quintal in primary agricultural markets on pick up in demand and fears of lower production this year.
“Prices have increased in the last 2-3 days across all centres. In some places, prices are up as high as Rs 400. Demand usually picks up after January 15 and this increase can be related to it,” said Erode Turmeric Merchants Association President RKV Ravishankar. ....

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