Tuesday 27 September 2016

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 27 Sep 2016

Turmeric trading range for the day is 6806-7034. Turmeric prices ended with gains amid short covering after prices dropped amid expectations of bumper crop. India's turmeric output in 2016-17 (Jul-Jun) is expected to rise because of better rainfall this season in key growing areas. NCDEX accredited warehouses turmeric stocks dropped by 1265 tonnes to 5804 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7451.45 rupees gained 6.45 rupees.
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