Friday, February 09, 2018

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 9 FEBRUARY 2018


  • Turmeric trading range for the day is 7138-7422.
  • Turmeric prices dropped taking negative cues from the spot market on tepid demand.
  • Further, expectation of good production of turmeric in the new season also triggered the down trend.
  • This year, farmers planted turmeric on lower acreage as they had suffered huge losses due to bumper crop.
  • In Nizamabad, a major spot market in AP, the price ended at 7140 Rupees dropped -46.65 Rupees.

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