Friday 11 May 2018

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 11 MAY 2018

Turmeric trading range for the day is 7282-7574.

Turmeric prices gained tracking improved demand in the physical market due to reports of lower stocks.

Further, despite higher production estimates, there are concerns regarding yield levels in Rajasthan. NCDEX accredited warehouses turmeric stocks dropped by 20 tonnes to 4670 tonnes.

In Nizamabad, a major spot market in AP, the price ended at 7621.45 Rupees dropped -31.05 Rupees.

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