EPIC RESEARCH NCDEX TURMERIC UPDATE OF 16 MARCH 2016

Turmeric trading range for the day is 8756-9708.
Turmeric prices gained because of poor arrivals of quality stocks and demand from North India.
Arrivals in the producing centres such as Nizamabad and Erode are below last year's level.
The traders are keen in buying the quality turmeric, which is held by farmers on expectation on higher prices later in the season.
In Nizamabad, a major spot market in AP, the price ended at 8937.5 rupees gained 90.3 rupees.
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