EPIC RESEARCH NCDEX UPDATE OF TURMERIC 16 AUGUST 2016

Turmeric trading range for the day is 7764-8220. Turmeric prices ended with losses on expectation of better climatic conditions in growing areas and decrease in physical demand from up-country buyers. As per dept of commerce data, turmeric exports in April- May 2016 increased by 31% compared to last year at 21,256 tonnes.NCDEX accredited warehouses turmeric stocks gained by 30 tonnes to 6087 tonnes. In Nizamabad, a major spot market in AP, the price ended at 8317.1 rupees dropped -56.65 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co