Monday, May 25, 2015

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 25 MAY 2015

Turmeric trading range for the day is 7890-8262.

Turmeric prices ended with losses due to weakening trend in spot market following sluggish demand from retailers and stockists.

There are also reports of stockists reportedly holding on to the stocks in anticipation of a recovery in price.

NCDEX accredited warehouses turmeric stocks gained by 562 tonnes to 9944 tonnes.

In Nizamabad, a major spot market in AP, the price ended at 7950 rupees gained 8.35 rupees.

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