Monday, 15 January 2018

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 15 JANUARY 2018

Turmeric trading range for the day is 7532-7776.Turmeric prices gained tracking firmness in spot demand owing to lower stocks in the market. The supplies from the new season turmeric have been lower during first 10 days of Jan at 4,118 tonnes compared to 5,527 tonnes last year.The export of turmeric is down by 17% to 63,395 tonnes for the first 7 month of FY 2017/18 compared to last years’ exports. In Nizamabad, a major spot market in AP, the price ended at 7625 Rupees dropped -25 Rupees.

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