Monday, February 18, 2019

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 18 FEBRUARY 2019


  • Turmeric trading range for the day is 6252-6392.
  • Turmeric settled down on profit booking after prices gained on the back of concerns that drought conditions and cold weather will affect the crop production.
  • Pressure also seen amid expectations of increase in arrivals at the spot markets in the coming days with better moisture content.
  • There are concerns that drought conditions and cold weather will adversely affect the production.
  • In Nizamabad, a major spot market in AP, the price ended at 6516.65 Rupees gained 22.9 Rupees.

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