EPIC RESEARCH NCDEX TURMERIC UPDATE OF 27 JULY 2017

Turmeric trading range for the day is 6656-7304. Turmeric prices gained tracking gains in spot demand supported apprehensions of fall in acreage.As per Andhra Pradesh Govt, normal Turmeric area reported around 17695 hectares. NCDEX accredited warehouses turmeric stocks dropped by 219 tonnes to 6162 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7200 Rupees dropped -34.4 Rupees.

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