EPIC RESEARCH NCDEX UPDATE OF TURMERIC 30 DECEMBER 2016

Turmeric trading range for the day is 6722-6862. Turmeric gained on short covering after prices dropped amid reports on abundant production of the crop this year. Expectations of increasing production in coming harvesting season and lowering export demand in recent months are putting pressure on prices. At Duggirala market, sources reported arrivals at 1539 quintals, up by 1199 quintals from previous day’s arrivals. In Nizamabad, a major spot market in AP, the price ended at 7616.65 rupees remains unchanged at0 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300