EPIC RESEARCH NCDEX UPDATE OF TURMERIC 28 NOVEMBER 2017

• Turmeric trading range for the day is 7510-7886.
  
• Turmeric prices rallied due to tight stocks and good domestic demand.
• As per preliminary estimates, output in the season is expected to decline slightly due to lower sowing.
• NCDEX accredited warehouses turmeric stocks gained by 6 tonnes to 966 tonnes.
• In Nizamabad, a major spot market in AP, the price ended at 7631.25 Rupees gained 136.25 Rupees.

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