Thursday, November 15, 2018

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 15 NOVEMBER 2018


  • Turmeric trading range for the day is 6570-6686.
  • Turmeric dropped on profit booking after prices gained amid concerns that drought condition in Maharashtra and Karnataka will affect standing crop.
  • As per reports, standing crop likely to damage around 10 - 20% currently, if higher temperature will continue next 15 - 20 days.
  • NCDEX accredited warehouses turmeric stocks gained by 3041 tonnes to 6433 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 7190.8 Rupees gained 45.55 Rupees.

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