EPIC RESEARCH NCDEX UPDATE OF TURMERIC 18 SEPTEMBER 2018

• Turmeric trading range for the day is 6478-6790.
  
• Turmeric dropped on expectations of higher crop due to increase in sowing area under turmeric.
• Despite last year's lower output stocks of turmeric are stated to be comfortable and would be more than sufficient to meet the demand in coming months.
• NCDEX accredited warehouses turmeric stocks dropped by 228 tonnes to 4052 tonnes.
• In Nizamabad, a major spot market in AP, the price ended at 6965 Rupees remains unchanged at0 Rupees.
• SELL TURMERIC OCT 2018 @ 6650 SL 6750 TGT 6540-6380.NCDEX.

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