Wednesday, 31 May 2017

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 31 MAY 2017

Turmeric trading range for the day is 5192-5448.Turmeric prices ended with gains on short covering as turmeric arrivals have been lower as farmers are bringing less stock in the market.Turmeric arrivals across the country during May 1-15 stood at 58,309 ton as against 114,737 ton a year ago, data showed.NCDEX accredited warehouses turmeric stocks gained by 40 tonnes to 6757 tonnes.In Nizamabad, a major spot market in AP, the price ended at 5435.7 Rupees gained 25 Rupees.

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