Tuesday, November 13, 2018

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 13 NOVEMBER 2018


  • Turmeric trading range for the day is 6522-6782.
  • Turmeric dropped on late profit booking after prices gained due to frantic buying by traders and stockists counting on uptick in demand from spt markets.
  • Moreover, concerns that drought condition in Maharashtra and Karnataka will affect Turmeric standing crop, also fuelled the uptrend.
  • NCDEX accredited warehouses turmeric stocks gained by 269 tonnes to 3344 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 7145.25 Rupees gained 32.1 Rupees.

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