Thursday, May 31, 2018

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 31 MAY 2018


  • Turmeric trading range for the day is 6972-7312.
  • Turmeric prices ended with losses on profit booking after prices gained amid steady physical demand from the domestic market.
  • Moreover, the report that total arrivals of new crop during May 1-21 stood at 40,400 ton sharply down from 56,568 ton in previous year.
  • NCDEX accredited warehouses turmeric stocks dropped by 178 tonnes to 5633 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 7361.1 Rupees dropped -38.9 Rupees.

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