Wednesday, November 21, 2018

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 21 NOVEMBER 2018


  • Turmeric trading range for the day is 6366-6602.
  • Turmeric gained on short covering after prices dropped amid lower than expected exports and higher sowing turmeric areas.
  • Standing crop likely to damage around 10 - 20% currently, if higher temperature will continue next 15 - 20 days damage percentage may go up to 30-40%.
  • NCDEX accredited warehouses turmeric stocks gained by 11 tonnes to 3458 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 7195.45 Rupees gained 30 Rupees.

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