While erratic weather patterns have affected turmeric supplies and prices, making sowing for the next season iffy, ginger has been impacted by hoarding by traders. The expectation of a bumper crop next year has set off fears of an oversupply of ginger and a crash in prices.
Karvy Commodities Broking has come out with its report on spices. According to the research firm, Turmeric prices are expected to trade on positive note during early trading hours backed by prevailing bullish fundamentals.