Thursday, 10 August 2017

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 10 AUGUST 2017

Turmeric trading range for the day is 7270-7842. Turmeric prices ended with losses tracking weakness in spot demand amid forecast of good rains in coming weeks in south.After good start to turmeric sowing in Telangana, the acreage of turmeric as is down 3.5% to 41,715 hectares. NCDEX accredited warehouses turmeric stocks dropped by 39 tonnes to 5928 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7634.4 Rupees dropped -19.75 Rupees.

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