EPIC RESEARCH NCDEX TURMERIC UPDATE OF 13 JULY 2016

Turmeric futures (Aug) is expected to remain stable & trade with an upside bias taking support near 7900 levels. Spot turmeric prices remained stable at Erode markets and 65 per cent of the arrivals were sold. Traders purchased all the local hybrid turmeric varieties for their local supply to masala firms and grinding units. Further only one or two upcountry orders have been received by some traders. At the Erode Turmeric Merchants Association, the finger turmeric was sold at Rs.7,129-9,099 a quintal; the root variety Rs.7,044-8,110.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co