EPIC RESEARCH NCDEX UPDATE OF TURMERIC 22 November 2016

Turmeric trading range for the day is 6930-7450. Turmeric prices gained on expectations of rise in demand due to tigh supply position. A likely rise in output with acreage increasing in major producing regions Andhra Pradesh, Tamil Nadu, Telangana and Maharashtra limited the upside. NCDEX accredited warehouses turmeric stocks dropped by 145 tonnes to 2504 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7591.65 rupees gained 62.7 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300