Turmeric prices have turned bullish on reports of a shortfall in production in the key growing areas of Andhra Pradesh and Maharashtra. Spot prices are hovering around Rs 90 per kg with a tendency to move up as indicated by the futures prices in NCDEX. Arrivals in Tamil Nadu, a major producer of the spice which is increasingly sought after for its nutraceutical properties, have been normal. Andhra Pradesh and Tamil Nadu together account for around 70% of the total output in the country.
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