Tuesday, 4 July 2017

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 04 JULY 2017

Turmeric trading range for the day is 6354-6614. Turmeric ended flat recovering from lows on good physical demand as the physical arrivals have decreased drastically in June. However downside also seen limited as there is an anticipation of lower acreage during the current season in Tamilnadu. NCDEX accredited warehouses turmeric stocks dropped by 3189 tonnes to 6609 tonnes.In Nizamabad, a major spot market in AP, the price ended at 6330 Rupees gained 42.5 Rupees.

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