EPIC RESEARCH NCDEX TURMERIC UPDATE OF 9 JANUARY 2017

Turmeric trading range for the day is 6694-6790. Turmeric prices ended with gains on anticipation of rising physical demand at the spot market. However upside seen limited as new season turmeric crop has now entered into the markets in South India. The price of the turmeric is stable for the past two days, prices fluctuated based on the quality of turmeric. In Nizamabad, a major spot market in AP, the price ended at 7395.85 rupees dropped -54.15 rupees.

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