Wednesday, December 27, 2017

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 27 DECEMBER 2017

  • Turmeric trading range for the day is 7740-8172.
  • Turmeric prices gained on apprehensions of fall in output due to lower acreage and adverse weather.
  • Arrivals in spot markets were weak due to fag-end of the season while new crops supplies are likely to pick up January end.
  • There are also concerns raised on the yield due to recent pest attacks and lack of rainfall in growing area.
  • In Nizamabad, a major spot market in AP, the price ended at 7820 Rupees remains unchanged at0 Rupees.


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