EPIC RESEARCH NCDEX UPDATE OF TURMERIC 18 AUGUST 2016

Turmeric trading range for the day is 7510-7818.Turmeric dropped on expectation of weak spot demand due to quality issues and good health of new season crop in south Indian states. Turmeric acreage in Telangana as on 10 Aug was up 14 % at 43,000 hectares as compared to 38,000 hectares last year.At Warangal market estimated market supply was at 300 bags, higher by 100 bags as compared to previous day. In Nizamabad, a major spot market in AP, the price ended at 8118.05 rupees dropped -63.75 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co