Higher arrivals drag turmeric prices | Agri Commodity Price

Prices of turmeric have been under stress in the near-term as a consequence of higher arrivals in the terminal markets and lower exports. On the other hand, the fundamentals support a strong market based on reports that turmeric production in Tamil Nadu, Telengana and Andhra would be lower than last season. NCDEX Turmeric’s spot prices on Mond…

Mentha oil futures trade lower 2.88% on profit-booking

Mentha oil prices were traded on lower by 2.88% to Rs.1849.40 per kilo in futures market Monday, since speculators have booked profits at current levels despite fall in demand from consuming industries in the spot markets. Besides, sufficient stocks position on higher supplies from major producing belt of Chandausi in U.P. further increased the do…