EPIC RESEARCH NCDEX UPDATE OF TURMERIC 05 DECEMBER 2016

Turmeric trading range for the day is 6824-7004. Turmeric prices dropped as there are reports of good production from new season crops as the harvesting begins in the next month. On the export front, country exported about 51,147 tonnes of turmeric during April-August period up by 32% compared last year. Technically market is under fresh selling as market has witnessed gain in open interest by 0.84% to settle at 7195. In Nizamabad, a major spot market in AP, the price ended at 7640 rupees gained 10 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300