Friday, July 05, 2013

EPIC AGRI COMMODITY UPDATE:TURMERIC


Turmeric trading range for the day is 5717-6081.
Turmeric dropped tracking bearish cues from the spot market, and on ample stocks and good progress of sowing due to favourable weather.
With arrivals slowing down, domestic and export demand are all set to pick up at these levels.
NCDEX accredited warehouses turmeric stocks gained by 376 tonnes to 5754 tonnes.
In Nizamabad, a major spot market in AP, the price ended at 5855.75 rupees gained 106.75 rupees.

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