EPIC RESEARCH NCDEX TURMERIC UPDATE OF 6 JANUARY 2017

Turmeric trading range for the day is 6700-6780. Turmreic prices dropped on expectations of increase in production in coming harvesting season at the producing belts. The new crop is of medium quality which is fetching lower prices. At Nizamabad market arrivals were reported at 2000 quintals, higher by 800 quintals as against previous day. In Nizamabad, a major spot market in AP, the price ended at 7450 rupees dropped -50 rupees.

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