Tuesday, July 04, 2017

EPIC RESEARCH NCDEX Turmeric UPDATE OF 4 july 2017


  • Turmeric trading range for the day is 6354-6614.
  • Turmeric ended flat recovering from lows on good physical demand as the physical arrivals have decreased drastically in June.
  • However downside also seen limited as there is an anticipation of lower acreage during the current season in Tamilnadu.
  • NCDEX accredited warehouses turmeric stocks dropped by 3189 tonnes to 6609 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 6330 Rupees gained 42.5 Rupees.

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