EPIC RESEARCH NCDEX TURMERIC UPDATE OF 03 JULY 2017

Turmeric trading range for the day is 6322-6598. Turmeric gained due to higher export demand and poor arrivals. Turmeric sowing may be lower this year in Tamil Nadu due to lack of rains in the main producing areas. NCDEX accredited warehouses turmeric stocks gained by 3079 tonnes to 9798 tonnes. In Nizamabad, a major spot market in AP, the price ended at 6287.5 Rupees gained 61.05 Rupees.

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