EPIC RESEARCH NCDEX UPDATE OF TURMERIC 28 MARCH 2017

• Turmeric trading range for the day is 6244-6520. 
  
• Turmeric prices gained on short covering after prices dropped on expectations of higher output and increasing supplies of new crop. 
• Turmeric output is expected to be bumper as not only the acreage was higher but weather remained favourable. 
• NCDEX accredited warehouses turmeric stocks gained by 249 tonnes to 1657 tonnes. 
• In Nizamabad, a major spot market in AP, the price ended at 6173.1 Rupees dropped -6.9 Rupees.

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