EPIC RESEARCH NCDEX UPDATE OF TURMERIC 11 MAY 2018

• Turmeric trading range for the day is 7282-7574.
  
• Turmeric prices gained tracking improved demand in physical market due to reports of lower stocks.
• Further, despite higher production estimates, there are concerns regarding yield levels in Rajasthan.
• NCDEX accredited warehouses turmeric stocks dropped by 20 tonnes to 4670 tonnes.
• In Nizamabad, a major spot market in AP, the price ended at 7621.45 Rupees dropped -31.05 Rupees.

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