Wednesday, November 28, 2018

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 28 NOVEMBER 2018


  • Turmeric trading range for the day is 6310-6514.
  • Turmeric prices gained on short covering after prices dropped on higher supply amid weak demand in the physical market.
  • This year turmeric output is expected to rise following higher acreage which is also weighing on prices.
  • NCDEX accredited warehouses turmeric stocks dropped by 95 tonnes to 3329 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 7064.3 Rupees dropped -35.7 Rupees.

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