Friday 18 May 2018

EPIC RESEARCH NCDEX TURMERIC OF 18 MAY 2018

Turmeric trading range for the day is 7094-7490.

Turmeric prices ended with losses tracking weak sentiments in physical markets on normal monsoon forecast which is deemed to be good for crop acreage.

Meanwhile, mounting stocks on relentless supplies from growing regions also kept the prices down.

NCDEX accredited warehouses turmeric stocks dropped by 130 tonnes to 5127 tonnes.

In Nizamabad, a major spot market in AP, the price ended at 7436.35 Rupees dropped -63.65 Rupees.
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