Monday, February 6, 2017

Turmeric trading range for the day is 6696-6888. Turmeric dropped on late profit booking after prices seen supported due to pickup in good spot demand from the stockists. Turmeric output is seen higher at 7 million bags thanks to higher sowing and favorable weather conditions. Prevailing high prices encouraged farmers to plant more turmeric this year. In Nizamabad, a major spot market in AP, the price ended at 7450 Rupees remains unchanged at0 Rupees. 

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