EPIC RESEARCH NCDEX UPDATE OF TURMERIC 5 May 2017

• Turmeric trading range for the day is 5410-5766. Turmeric dropped continuing its losses on lower demand in the physical market on reports of higher stocks available with the farmers. 
  
• Many traders and farmers expected good sales of turmeric during the peak period, which started a month ago. 
•  NCDEX accredited warehouses turmeric stocks gained by 99 tonnes to 4480 tonnes. 
•  In Nizamabad, a major spot market in AP, the price ended at 5650 Rupees dropped -120 Rupees.

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