Friday, February 26, 2016

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 26 FEBRUARY 2016

Turmeric trading range for the day is 8608-8912.
Turmeric prices dropped on lack of upcountry demand at the spot market.
However, expectations of limited arrivals of quality turmeric from the producing belts, capped some losses.
There are reports of production concern due to drought in Maharashtra and Andhra Pradesh.
In Nizamabad, a major spot market in AP, the price ended at 8720.55 rupees dropped -35 rupees.


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