EPIC RESEARCH NCDEX TURMERIC UPDATE OF 14 JULY 2017

Turmeric trading range for the day is 7062-7570.Turmeric prices dropped on profit booking after prices rallied due to higher export demand and poor arrivals. Prices also rallied recently as lower rainfall in major growing regions like Erode, Nanded and other south Indian parts supported prices. NCDEX accredited warehouses turmeric stocks gained by 30 tonnes to 6674 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7253.15 Rupees gained 253.15 Rupees.



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