EPIC RESEARCH NCDEX UPDATE OF TURMERIC 23 AUGUST 2018

• Turmeric trading range for the day is 6964-7116.
  
• Turmeric dropped on reports of improved sowing from major growing areas of Tamilnadu, Karnataka and Maharashtra.
• In Telangana, turmeric acreage grew to 46,718 hectare until August 8 from 44,299 hectare a year ago, state government data showed.
• NCDEX accredited warehouses turmeric stocks dropped by 66 tonnes to 4924 tonnes.
• In Nizamabad, a major spot market in AP, the price ended at 7128.55 Rupees gained 57.5 Rupees.
• SELL TURMERIC SEP 2018 @ 7150 SL 7250 TGT 7000-6850.NCDEX

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