Firm trend continues in spices

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Turmeric prices traded steady to firm at the major benchmark Indian markets due to good demand from the upcountry buyers. However, upside seen limited on expectation of medium and poor quality supplies from major growing regions.

Major buyers are hesitant to source Turmeric in bulk quantity due to expectation of better crop in the coming season due to favorable weather.

Jeera prices traded positive at the various Indian markets on account of rising domestic as well as exports demand at the spot market.

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