EPIC RESEARCH NCDEX TURMERIC UPDATE OF 08 AUGUST 2017

Turmeric trading range for the day is 7654-7990. Turmeric prices gained on fears that weak rains may hit sowing in main producing states. There are reports that AP Markfed has cancelled turmeric auction to be commenced from Aug 4.NCDEX accredited warehouses turmeric stocks gained by 160 tonnes to 6037 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7654.15 Rupees dropped -29.2 Rupees.



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