EPIC RESEARCH NCDEX TURMERIC UPDATE OF 03 MAY 2017

Turmeric trading range for the day is 5748-6168.Turmeric prices dropped as fresh selling is observed due to steady demand despite lower arrivals in the physical market.Many traders and farmers expected good sales of turmeric during the peak period, which started a month ago.NCDEX accredited warehouses turmeric stocks gained by 289 tonnes to 4312 tonnes.In Nizamabad, a major spot market in AP, the price ended at 5650 Rupees dropped -140 Rupees.

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