Wednesday 14 June 2017

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 14 JUNE 2017

Turmeric trading range for the day is 5486-5638.Turmeric gained on short covering after prices dropped as sowing operations are likely to start soonFarmers are expected to shift cultivation towards sugarcane and other crops for better price realization.NCDEX accredited warehouses turmeric stocks dropped by 10 tonnes to 6643 tonnes.In Nizamabad, a major spot market in AP, the price ended at 5535.7 Rupees gained 22.05 Rupees.

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