EPIC RESEARCH NCDEX TURMERIC UPDATE OF 19 April 2017

Turmeric trading range for the day is 6020-6220. Turmeric prices ended with losses tracking lower prices in spot market due to lower demand. Turmeric arrivals in the country is sliding in the last fortnight to 40,014 tons (April 1-15) compared to 53,762 tons during second half of March. NCDEX accredited warehouses turmeric stocks gained by 60 tonnes to 3169 tonnes. In Nizamabad, a major spot market in AP, the price ended at 5850 Rupees dropped -125 Rupees.

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