Monday, 11 December 2017

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 11 DECEMBER 2017

Turmeric trading range for the day is 7272-7556. Turmeric prices dropped on expectation of arrival of new season crop and lower than expected exports figures. There are expectations of supplies from government auctions and arrivals of medium quality. Turmeric crop is mostly in its vegetative to development stage and as per preliminary estimates, output in the season is expected to decline. In Nizamabad, a major spot market in AP, the price ended at 7581.65 Rupees dropped -24.6 Rupees.



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