Thursday, 28 February 2019

EPIC RESEARCH NCDEX Turmeric UPDATE OF 28 February 2019



Turmeric trading range for the day is 6098-6346.

Turmeric gained on short covering amid unfavorable weather conditions in few growing regions that may affect the crop production in an adverse manner.

However, upside seen limited on higher supplies prospects from new season crop.

Production is forecasted at 11.5 lakh tonnes in the 1st advance estimates by the government little higher then to last year production.

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