Friday, 9 June 2017

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 09 JUNE 2017

Turmeric trading range for the day is 5344-5532. Turmeric prices ended with gains as support seen after market is expecting lesser sowing this season. Andhra Pradesh government projected 2016-17 turmeric crops at 155,000 ton up from 121,000 ton in the previous year. NCDEX accredited warehouses turmeric stocks dropped by 29 tonnes to 6683 tonnes. In Nizamabad, a major spot market in AP, the price ended at 5504.55 Rupees gained 26.75 Rupees.

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