EPIC RESEARCH NCDEX TURMERIC UPDATE OF 17 JULY 2017

Turmeric trading range for the day is 7042-7758.Turmeric 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 5 tonnes to 6679 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7326.9 Rupees gained 114.4 Rupees.

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