Wednesday 16 May 2018

EPIC RESEARCH NCDEX TURMERIC OF 16 MAY 2018

Turmeric trading range for the day is 7124-7552.

Turmeric 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 30 tonnes to 4939 tonnes.

In Nizamabad, a major spot market in AP, the price ended at 7510 Rupees gained 10 Rupees.
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