EPIC RESEARCH NCDEX TURMERIC UPDATE OF 18 JULY 2017

Turmeric trading range for the day is 7382-7962. Turmeric prices continued its rally due to dwindling stocks and persistent demand from exporters and farmers. Arrivals of turmeric were also lower due to fag-end of the season. NCDEX accredited warehouses turmeric stocks dropped by 50 tonnes to 6629 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7326.9 Rupees gained 20 Rupees.

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