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Agri Buzz: Turmeric Arrivals On Rise, Quality Seen Improving

Turmeric is witnessing a steady flow of upcountry orders and prices have been supported over last few days. The Turmeric harvesting season is peaking up in major producing states Karnataka, Andhra Pradesh and Maharashtra. New arrivals of turmeric is started coming the major spot markets, like Sangli and Erode. The spot prices in the Nizamabad mandi hit highs above Rs 6500 a few days back- their highest...
Source : Indiainfoline |
Category : Commodities

Turmeric Arrivals Stood At 1,200 bags In Nizamabad Mandi

According to market sources, turmeric price in the Nizamabad mandi stood at Rs 5,000 per quintal and the arrivals stood at 1,000 bags.Turmeric price in the Erode Mandi quoted at Rs 1,000 per quintal and the arrivals stood at 5,300 bags. The Salem variety stood at Rs 5,700 per quintal.In the Nanded mandi of Maharashtra, select quality quoted in the range of Rs 5,200-5,500 per quintal. The Powder quality...
Source : Indiainfoline |
Category : Commodities

MP representing Erode wants CBI probe into online turmeric trading

Erode, Sept 10: An MDMK MP has sought a CBI probe into alleged malpractices in online turmeric trading on the National Commodities and Derivatives Exchange Limited.In a memorandum to Prime Minister Manmohan Singh, A Ganeshamurthy, MDMK MP representing Erode Lok Sabha constituency, alleged that a number of malpractices had occurred in the NCDEX on turmeric trading and sought a CBI inquiry.He also demanded...
Source : Oneindia |
Category : National | City : Erode

Fresh buying lifts NCDEX Turmeric positive for short term

The trend in NCDEX turmeric for April delivery looks positive at current levels and is likely to trade with positive sentiments for near term. Support is seen at 6500 while resistance is seen at 6850 level.India turmeric futures rose on fresh buying sentiments and amid mixed market fundamentals. Traders and exporters received a few orders and have procured the commodity quoting higher price. Turmeric...
Source : Commodity Online |
Category : Commodities

Sell turmeric immediately, TNAU tells farmers

Turmeric farmers have been asked to sell turmeric immediately since the price is not expected to increase.According to a release from the Domestic and Export Market Intelligence Cell of Tamil Nadu Agricultural University, the price will remain stable for three months.Though there might be a slight increase during June-end, it will again drop. Rain during last December led to deterioration in the quality...
Source : Hindu |
Category : Others | City : National

1 lakh turmeric bags decay due to absence of cold storages, godown

Even as turmeric stocks seem sufficient for the next two years, one lakh bags in the market have fallen prey to delay owing to lack of proper facilities like cold storages and godowns in the Sangli market yard. About 55 lakh new bags entered the Sangli turmeric market this year, and at this stage 43-44 lakh turmeric bags remained back, from which around one lakh are decaying. According to...
Source : Webindia123 |
Category : Headlines | City : Sangli

Lok Sabha Elections 2014: Erode has potential to become a textile heaven says Narendra Modi

Erode has potential to become a textile heaven says Narendra ModiLok Sabha Elections 2014: Erode has potential to become a textile heaven says ModiBharatiya Janata Party's (BJP) prime ministerial candidate Narendra Modi on Thursday said that Erode has the potential to become a textile heaven, and that its turmeric was world famous, which could change the face of the state's employment scenario if right...
Source : DNA |
Category : Headlines

Turmeric New Crop Seen Delayed

Spot turmeric prices continue to trade under Rs 5000 per quintal levels. The first week of Septmber had witnessed good gains as some delay was seen in new crop. However, this week, the prices have yet again given up their gains and are back to losing spree. Steady to firm arrivals had kept a tab on turmeric prices in last few days.It's...
Source : Indiainfoline |
Category : Commodities

Limited downside risks for oil companies

marketing companies have seen their market capitalisation erode by nearly half over January-August.Despite gradual diesel price increases, concerns on underrecoveries (between actual and subsidised cost of retailing certain fuels) have risen in recent months as the rupee depreciated and global oil prices surged due to conflict in Syria.Though the decision on exact subsidy share is likely only at the...
Source : Rediff |
Category : Business

NDA's economic policy to focus on job creation, says Modi

Erode/Kanyakumari(Tamil Nadu), April 17 : BJP's prime ministerial candidate Narendra Modi Thursday hit out at a Congress woman minister from the state for stalling infrastructural projects in Tamil Nadu, and promised an economic policy that would provide jobs to the youth.Addressing an election rally in Erode town, known for its textiles and turmeric, around 400 km from Chennai, the Bharatiya Janata...
Source : Newkerala |
Category : City | City : Erode