Tuesday, October 16, 2018

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 16 OCTOBER 2018


  • Turmeric trading range for the day is 6486-6786.
  • Turmeric prices gained as there are expectation of improving demand coupled with diminishing arrivals as the season is ending.
  • Turmeric output in Erode, which had slumped last year on the back of two consecutive droughts, is set to witness a rebound, if planting area is any indication.
  • NCDEX accredited warehouses turmeric stocks gained by 408 tonnes to 3368 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 6872.5 Rupees gained 17.75 Rupees.


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