Wednesday, October 24, 2018

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 24 OCTOBER 2018


  • Turmeric trading range for the day is 6510-6710.
  • Turmeric dropped on profit booking after prices gained on improved demand in the local mandis amid lower stock.
  • 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 dropped by 262 tonnes to 3386 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 6907.25 Rupees gained 7.25 Rupees.

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