Monday 18 June 2018

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 18 June 2018

Turmeric trading range for the day is 7270-7518.

Turmeric prices dropped tracking weakness in spot demand on forecast of normal rains in south peninsula.

Supplies from the new season turmeric have been lower during May at 53,500 t compared last year, as per data.

NCDEX accredited warehouses turmeric stocks gained by 20 tonnes to 5797 tonnes.

In Nizamabad, a major spot market in AP, the price ended at 7391.65 Rupees dropped -20 Rupees
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