Friday, May 18, 2018

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 18 MAY 2018


  • Turmeric trading range for the day is 7094-7490.
  • Turmeric prices ended with losses tracking weak sentiments in physical markets on normal monsoon forecast which is deemed to be good for crop acreage.
  • Meanwhile, mounting stocks on relentless supplies from growing regions also kept the prices down.
  • NCDEX accredited warehouses turmeric stocks dropped by 130 tonnes to 5127 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 7436.35 Rupees dropped -63.65 Rupees.

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