EPIC RESEARCH NCDEX TURMERIC UPDATE OF 11 MAY 2017

Turmeric trading range for the day is 5480-5812. Turmeric dropped due to lower demand from industrial buyers and higher stocks available in the country. Turmeric farmers and traders have been hit hard by poor sales during peak season. NCDEX accredited warehouses turmeric stocks gained by 223 tonnes to 5120 tonnes. In Nizamabad, a major spot market in AP, the price ended at 5450 Rupees gained 15.6 Rupees.

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