Spot Market Update: Turmeric Recovers At Nizamabad Mandi

A likely recovery in export demand following recent slump in the Indian Rupee has reduced selling pressure in turmeric market. The total daily arrivals of 8000-9000 bags have been reported in Nizamabad mandi, while 6000-5000 bags were reported in Erode mandi. The spot prices of turmeric decreased by Rs 60 per quintal, with a price range of Rs 6500-6600 per quintal.