EPIC RESEARCH NCDEX UPDATE OF TURMERIC 13 APRIL 2018

• Turmeric trading range for the day is 6590-6858.
  
• Turmeric prices gained anticipation of higher demand coupled with lower output projection.
• Meanwhile, after Skymet forecast, market participants are eagerly waiting for IMD forecast on monsoon which is likely to be released during the week.
• NCDEX accredited warehouses turmeric stocks gained by 129 tonnes to 2749 tonnes.
• In Nizamabad, a major spot market in AP, the price ended at 6471.45 Rupees gained 79.8 Rupees.

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