Monday, February 11, 2019

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 11 FEBRUARY 2019


  • Turmeric trading range for the day is 6292-6420.
  • Turmeric dropped on profit booking amid improving supplies and weak demand in physical markets.
  • Prices remained under pressure amid expectations of increase in arrivals at the spot markets in the coming days with better moisture content.
  • However, downside seen limited on concerns that drought conditions and cold weather will adversely affect the production.
  • In Nizamabad, a major spot market in AP, the price ended at 6579.15 Rupees dropped -29.95 Rupees.

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