Friday, November 03, 2017

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 3 NOVEMBER 2017


  • Turmeric trading range for the day is 7042-7194.
  • Turmeric prices ended with gains tracking firmness in spot demand on short covering and lower arrivals.
  • Latest reports from Erode in Tamil Nadu indicate a drastic fall in sowing in those regions due to a drought like situation this year.
  • NCDEX accredited warehouses turmeric stocks dropped by 68 tonnes to 2328 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 7300 Rupees gained 7.5 Rupees.

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