Monday, 8 April 2019

EPIC RESEARCH NCDEX Turmeric UPDATE OF 8 April 2019



Turmeric trading range for the day is 6344-6732.

* Turmeric prices gained on anticipation of government procurement and expectation of further improvement in upcountry and export demand.

* There were also concerns that drought conditions and cold weather will affect the crop production.

* In 2018/19, production is forecast at 11.5 lt in the 1st advance estimates by the government.



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