Turmeric futures extended losses on weak export demand, although concerns over the next year's output due to a forecast of lower rainfall restricted downside. Prices decreased due to poor quality and want of demand. Quality Turmeric available in Nizamabad at a lower price, so some North India traders have placed a few orders there.
Turmeric| Turmeric futures extended losses on weak export demand.
June 17, 2014 9:49 AM | Skymet Weather Team