Current Market Dynamics
The Nizamabad and Erode mandis have seen a 15% reduction in early arrivals this season. This supply crunch, coupled with rising pharmaceutical demand in the EU for high-curcumin (3-5%) turmeric, has pushed FOB prices up.
Price Projections
We anticipate prices to remain firm through Q3. Buyers are advised to lock in annual contracts now rather than purchasing on spot basis.
JFT Agro's Strategy for Buyers
We have secured extensive volumes of double-polished Salem turmeric. Contact our trade desk today to secure your volume at current prices.