EPIC RESEARCH NCDEX UPDATE OF TURMERIC 31 AUGUST 2017

• Turmeric trading range for the day is 7306-7498.
  
• Turmeric dropped on profit booking after prices seen supported amid lower acreage, and lower than expected rains in turmeric growing areas.
• Turmeric arrivals in the physical market were down 21% in 2nd half August as per the data compared to is half arrivals.
• NCDEX accredited warehouses turmeric stocks gained by 219 tonnes to 5227 tonnes.
• In Nizamabad, a major spot market in AP, the price ended at 7588.25 Rupees gained 1.4 Rupees.

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