Friday 6 July 2018

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 06 July 2018

Turmeric trading range for the day is 7108-7312.

Turmeric settled flat tracking weakness in spot demand due to good progress of monsoon.

Market participants are expecting higher acreage of turmeric in Andhra Pradesh and Maharashtra following good rains this monsoon.

NCDEX accredited warehouses turmeric stocks dropped by 20 tonnes to 5479 tonnes.

In Nizamabad, a major spot market in AP, the price ended at 7375 Rupees dropped -3.15 Rupees.


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