Wednesday, 19 October 2016

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 19 Oct 2016

Turmeric trading range for the day is 6944-7312.
Turmeric prices remained under pressure despite of reports of crop damage from major growing regions due to incessant rains.
In Telangana State, Turmeric sowing reported week ending 28-09-2016, around 45633 hectares as compared to last year same period.
NCDEX accredited warehouses turmeric stocks dropped by 10 tonnes to 4061 tonnes.
In Nizamabad, a major spot market in AP, the price ended at 7511.75 rupees dropped -7.7 rupees.


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