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Monday, May 22, 2017

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 22 May 2017


  • Turmeric trading range for the day is 6630-6898.
  • Turmeric prices dropped amid increasing in crop supplies in all the major producing centres amid weak domestic and export buying.
  • The supplies are improving and there is weak demand for the new season crop.
  • India's Apr-Sept turmeric export stood at 59,000 ton up 47% on year, according to Spices Board data.
  • In Nizamabad, a major spot market in AP, the price ended at 6700 Rupees dropped -158.35 Rupees.

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