Turmeric's domestic and export demand rising.
Domestic and export demand for turmeric is rising because it is seen as an immunity-boosting product.
With orders pouring in from the Middle East, the US, Europe and Southeast Asia, prices have risen 4% to Rs 60-62 a kg in the past week, and may increase another 10% by September, said Rajesh Daliya, president of Nizamabad Merchants Association in Telangana.
"Exporters are signing new contracts to cater to Dubai, Malaysia, Iran, US and Europe market. In the last few weeks, we have received major demand from Bangladesh where the turmeric was sent by rail rakes," said Daliya.
Posted on,14/08/2020
