EPIC RESEARCH NCDEX UPDATE OF TURMERIC 20 October 2016

Turmeric trading range for the day is 7078-7418. Turmeric prices ended with gains on expectation of pickup in domestic demand from the upcountry traders ahead of festival season. Besides, the rally was triggered by reports of crop damage across Telangana and Andhra Pradesh, which received incessant rains. NCDEX accredited warehouses turmeric stocks dropped by 10 tonnes to 4051 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7542.95 rupees gained 31.2 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300