Thursday, May 09, 2013

EPIC AGRI COMMODITY UPDATE:TURMERIC

 

Turmeric trading range for the day is 5772-6156.
Turmeric ended with gains as short covering and some fresh demand supported the trend at lower levels
Turmeric output is estimated to be lower this year because of reduced plantation area in leading cultivating states.
Turmeric arrivals in Nizamabad mandi stood steady at 8,000 bags and arrivals in Erode Mandi increased to 4,500 bags.
In Nizamabad, a major spot market in AP, the price ended at 6014.1 rupees gained by 5 rupees.

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