Tuesday 15 May 2018

EPIC RESEARCH NCDEX TURMERIC OF 15 MAY 2018

Turmeric trading range for the day is 7100-7484.

Turmeric dropped on profit booking after prices rise tracking improved demand in physical market due to reports of lower stocks.

Currently, turmeric stocks in the country is around 20 lakh bags compared to 35 lakh bags last year same time.

NCDEX accredited warehouses turmeric stocks gained by 228 tonnes to 4909 tonnes.

In Nizamabad, a major spot market in AP, the price ended at 7510 Rupees dropped -50 Rupees.

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