Thursday, September 26, 2013

EPIC AGRI COMMODITY UPDATE:TURMERIC


Turmeric trading range for the day is 4543-4811.
Turmeric fell due to sluggish demand amid higher carry forward stocks and conducive weather for the crop.
Weather is favourable for the growth of the crop. Prices may fall further because demand is weak and supplies are good.
NCDEX accredited warehouses turmeric stocks dropped by 59 tonnes to 8139 tonnes.
In Nizamabad, a major spot market in AP, the price ended at 4853.4 rupees dropped -51.6 rupees.

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