EPIC RESEARCH NCDEX UPDATE OF TURMERIC 17 October 2016

Turmeric trading range for the day is 7028-7536. Turmeric gained tracking firmness in spot demand amid active interest from upcountry traders ahead of festive and marriage season. Prices also seen supported triggered by reports of crop damage across Telangana and Andhra Pradesh, which received incessant rains. NCDEX accredited warehouses turmeric stocks dropped by 334 tonnes to 4135 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7550 rupees gained 77.8 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300