Tuesday, 12 September 2017

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 12 SEPTEMBER 2017

Turmeric trading range for the day is 7566-7762.Turmeric ended with losses tracking weakness in spot demand on prospects of good monsoon.Prices of turmeric were down as turmeric yield and output is expected to improve in 2017-18 on good monsoon in the Southern India.NCDEX accredited warehouses turmeric stocks dropped by 44 tonnes to 4672 tonnes.In Nizamabad, a major spot market in AP, the price ended at 7772.2 Rupees dropped -16.05 Rupees.

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