1/18/2016 12:22:00 PM
Turmeric dropped due to sluggish demand in the spot market against adequate stocks positions on higher supplies from producing belts.
Further, hopes for a bumper harvest in the Western region with the arrival of Pongal too fuelled the downtrend.
Sources also stated that around 27-28 lakh bags of total stocks have been reported in local mandies.
In Nizamabad, a major spot market in AP, the price ended at 9525 rupees remains unchanged at0 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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