EPIC RESEARCH NCDEX UPDATE OF TURMERIC 8 FEBRUARY 2017

Turmeric trading range for the day is 6658-7062. Turmeric prices ended with gains on account of improved demand for exports and up-country buyers at the spot market. However, increasing arrivals of turmeric in the physical market as harvesting is going on in key producing states, capped some gains. Turmeric crop reported well in Maharashtra state expected better production compared to last year. In Nizamabad, a major spot market in AP, the price ended at 7352.8 Rupees dropped -17.8 Rupees. 

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