Wednesday, February 17, 2016

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 17 FEBRUARY 2016

Turmeric trading range for the day is 8312-8812.
Turmeric prices gained on better quality arrival of turmeric and fears of lower output from the producing regions.
Demand for the old hybrid turmeric increased at Erode markets thereby lifting the price.
The arrival of turmeric bags for sale was very poor, Only 2,400 bags arrived and 1,700 were sold.
In Nizamabad, a major spot market in AP, the price ended at 8684.35 rupees dropped -58.95 rupees.


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