EPIC RESEARCH NCDEX UPDATE OF TURMERIC 23 MAY 2018

• Turmeric trading range for the day is 7062-7410.
  
• Turmeric prices gained on short covering after prices dropped triggered by adequate stocks position on increased arrivals from producing regions.
• Supplies from the new season turmeric have been lower during first 15 days of May at 30,400 t compared last year, as per data.
• NCDEX accredited warehouses turmeric stocks gained by 78 tonnes to 5474 tonnes.
• In Nizamabad, a major spot market in AP, the price ended at 7369.45 Rupees dropped -30.55 Rupees

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