EPIC RESEARCH NCDEX TURMERIC UPDATE OF 06 JUNE 2017

Turmeric trading range for the day is 5306-5430. Turmeric prices ended with losses amid anticipation of balanced supplies as demand is need based and steady.Farmers may cut supplies to the market amid fears of fall in acreage because of prevailing lower prices. NCDEX accredited warehouses turmeric stocks gained by 30 tonnes to 6827 tonnes. In Nizamabad, a major spot market in AP, the price ended at 5433.35 Rupees dropped -32.3 Rupees.

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