Author: prahlad@bigmint.co
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India: Turmeric prices strengthen despite higher arrivals as spot demand rises
Stocks remain stable despite 8% rise in arrivals Oct, Dec futures strengthen on fresh long buildup India’s turmeric market strengthened during the week ended October 2, with spot and futures prices rising despite higher arrivals. The BigMint ex-Nizamabad turmeric benchmark increased 1.1% w-o-w to INR 20,158/quintal (qtl) from INR 19,933/qtl, while the ex-Sangli benchmark rose…