EPIC RESEARCH NCDEX TURMERIC UPDATE OF 07 AUGUST 2017

Turmeric trading range for the day is 7616-7900. Turmeric dropped on late profit booking after prices seen supported on dry conditions in turmeric growing areas. In Telangana, turmeric acreage, down 2.5% to 39,000 hectares as compared to last year acreage of 40,000 hectaresNCDEX accredited warehouses turmeric stocks dropped by 230 tonnes to 5877 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7654.15 Rupees dropped -29.2 Rupees.



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