EPIC RESEARCH NCDEX TURMERIC UPDATE OF 8 JULY 2016

Turmeric trading range for the day is 7888-8092. Turmeric prices gained due to good demand despite sowing progressing well in South India. Farmers are holding good quality stocks hoping prices to go up in the coming months. NCDEX accredited warehouses turmeric stocks dropped by 30 tonnes to 5622 tonnes. In Nizamabad, a major spot market in AP, the price ended at 8369.4 rupees remains unchanged at0 rupees.

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