EPIC RESEARCH NCDEX TURMERIC UPDATE OF 16 MAY 2017

Turmeric trading range for the day is 5594-5846.Turmeric prices gained tracking firmness in spot demand amid revival of demand from stockists.Farmers are reluctant to offer their holding at the prevailing low prices.NCDEX accredited warehouses turmeric stocks gained by 87 tonnes to 5386 tonnes.In Nizamabad, a major spot market in AP, the price ended at 5560 Rupees gained 31.45 Rupees.

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