Friday, 4 November 2016

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 04 Nov 2016

Turmeric trading range for the day is 7054-7302. Turmeric prices gained due to good demand from the upcountry buyers. Expectations of increasing production in coming harvesting season and lowering export demand in recent months are putting pressure on prices. NCDEX accredited warehouses turmeric stocks dropped by 76 tonnes to 2957 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7558.3 rupees gained 11.45 rupees.
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