Friday, 16 June 2017

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 16 JUNE 2017

Turmeric trading range for the day is 5556-5908.Turmeric prices dropped on profit booking after rising as the physical demand is rising and market arrivals are diminishing. As per data, about 6,378 tonnes arrived last week compared to 11,942 tonnes during previous week. NCDEX accredited warehouses turmeric stocks dropped by 45 tonnes to 6608 tonnes. In Nizamabad, a major spot market in AP, the price ended at 5557.15 Rupees dropped -17.85 Rupees.

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