EPIC RESEARCH NCDEX TURMERIC UPDATE OF 13 JULY 2017

Turmeric trading range for the day is 7204-7724. Turmeric prices ended with gains tracking good physical demand form upcountry buyers and stockists as Telangana, has received large deficient rains. Though southwest monsoon hit Kerala coast before normal date but there are reports of below normal rains in several parts of southern India. NCDEX accredited warehouses turmeric stocks gained by 59 tonnes to 6644 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7253.15 Rupees gained 253.15 Rupees.

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