EPIC RESEARCH NCDEX TURMERIC UPDATE OF 28 NOVEMBER 2017

Turmeric trading range for the day is 7510-7886. Turmeric prices rallied due to tight stocks and good domestic demand. As per preliminary estimates, output in the season is expected to decline slightly due to lower sowing.NCDEX accredited warehouses turmeric stocks gained by 6 tonnes to 966 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7631.25 Rupees gained 136.25 Rupees.

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