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Wednesday, February 01, 2017

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 1st FEBRUARY 2017

Turmeric trading range for the day is 6590-6854. Turmeric prices gained on anticipation of good demand from the stockists and traders at the spot market. Turmeric output is seen higher at 7 million bags thanks to higher sowing and favorable weather conditions. Turmeric acreage in Telangana and Andhra Pradesh was higher this year as compared last year. In Nizamabad, a major spot market in AP, the price ended at 7392.1 Rupees gained 19.9 Rupees. 

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