EPIC RESEARCH NCDEX UPDATE OF TURMERIC 24 October 2016

Turmeric trading range for the day is 7068-7288. Turmeric prices ended with losses due to forecast of better weather in south India and expectation of higher production and good physical arrivals. In Telangana State, Turmeric sowing reported, around 45633 hectares as compared to last year same period 40830 hectares. NCDEX accredited warehouses turmeric stocks dropped by 50 tonnes to 4011 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7492.1 rupees dropped -50.85 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300