Monday, October 29, 2018

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 29 OCTOBER 2018


  • Turmeric trading range for the day is 6600-6736.
  • Turmeric prices ended with flat node after prices seen supported on strong demand in the physical market and subdued stock.
  • Acreage of turmeric in Erode may jump nearly 80% on year to 5,300 ha in 2018-19 (Jul-Jun) because of very good rainfall this year
  • NCDEX accredited warehouses turmeric stocks gained by 338 tonnes to 3303 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 6959.3 Rupees gained 18 Rupees.

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