Friday, 17 November 2017

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 17 NOVEMBER 2017

Turmeric trading range for the day is 6708-7120.Turmeric gained but miseed the psychological level of 7000 mark as fall in demand coupled with ample stock position on increased supplies.This week prices came under pressure as low demand adversely affected prices which were pounded further by higher stocks in mandis.At the Erode Turmeric Merchants Association, finger turmeric went for 5780-8569 a quintal; the root variety at 5522-7612. Of the arrival of 1739 bags, 609 were sold.In Nizamabad, a major spot market in AP, the price ended at 7335.7 Rupees remains unchanged at0 Rupees.

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