Thursday, April 28, 2016

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 28 APRIL 2016


Turmeric trading range for the day is 8130-8558.
Turmeric prices gained supported by good demand on anticipation of good export demand as good quality crop arriving in the physical market.
New season crop has hit the markets and continue to peak in current month but majority of arrivals are of medium quality.
NCDEX accredited warehouses turmeric stocks gained by 30 tonnes to 3644 tonnes.
In Nizamabad, a major spot market in AP, the price ended at 8763.8 rupees gained 7.3 rupees. 

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