| Turmeric
Prices (Indicative Turmeric finger Prices in US$ PMT FOB port, India) 15th Oct - FAQ - US$ 875-925
EU Quality - US$ 925-975
Due
to weaker export and local demand the prices of turmeric have shown the decline.
The Oct futures is quoting at around usd 50 less than the spot market while other
futures too are trading well below the spot prices showing the weaker trend in
turmeric right now. 4th Sep - US$ 900-950
Turmeric has
been showing the downward trend due to expectation of good produce and slack in
export demand. It dipped more on export front due to further depriciation of rupee.
Turmeric Oct. futures were down by around 4.5% in last couple of weeks and
right now quoted down by 0.7% compared to spot prices.
20th August
- US$ 960-1000
The turmeric prices have shown tremendous decline this
month due to good monsoon in its growing region and lower local demand. It was
down by around 11% this month in the local market and with the dollar too appreciating
against rupee the export prices of the commodity showed quite a big decline. The
October futures of commodity has declined by around 16% during the month of August. 31st
July - US$ 1125-1175
The prices of turmeric may show some decline due
to good rains in its main producing region. | 
