EPIC RESEARCH NCDEX UPDATE OF TURMERIC 2 May 2017

• Turmeric trading range for the day is 6042-6266. 
  
• Turmeric dropped on profit booking tracking weakness in spot demand despite of lower arrivals from the producing regions. 
• At Nizamabad market traders reported arrivals at 20000 quintals, higher by 8000 quintals as against previous day. 
• NCDEX accredited warehouses turmeric stocks gained by 119 tonnes to 4023 tonnes. 
• In Nizamabad, a major spot market in AP, the price ended at 5790 Rupees dropped -60 Rupees.

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