EPIC RESEARCH NCDEX TURMERIC UPDATE OF 07 DECEMBER 2017

Turmeric trading range for the day is 7174-7622.Turmeric prices gained as output in the season is expected to decline slightly due to lower sowing area. Markfed had purchased nearly 48,500 ton turmeric under market intervention scheme.Standing turmeric crop is mostly in its vegetative to development stage across major growing states. In Nizamabad, a major spot market in AP, the price ended at 7648.65 Rupees dropped -27.9 Rupees.

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