EPIC RESEARCH NCDEX TURMERIC UPDATE OF 28 FEBRUARY 2017

Turmeric trading range for the day is 6604-6896. Turmeric prices dropped on weak physical demand at the spot market. In coming days, arrivals are expected to increase which could put pressure over prices. On the export front, country exported about 74,524 tons; up by 32% during April-Nov period compared to last year exports of 56,471 tons. In Nizamabad, a major spot market in AP, the price ended at 6980 Rupees dropped -1.25 Rupees.

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