EPIC RESEARCH NCDEX TURMERIC UPDATE OF 22 MARCH 2017

Turmeric trading range for the day is 6194-6562. Turmeric prices dropped on late profit booking after prices gained earlier on hopes of rising upcountry demand. The turmeric arrivals in the country are higher at 115,205 tons during Mar 1- 20 compared to 30,945 tons during previous month. NCDEX accredited warehouses turmeric stocks gained by 374 tonnes to 1050 tonnes. In Nizamabad, a major spot market in AP, the price ended at 6213.35 Rupees dropped -167.9 Rupees.

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