Thursday, January 19, 2017

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 19 JANUARY 2017

Turmeric trading range for the day is 6508-7016. Turmeric prices gained on anticipation of rising physical as well as export demand at the spot market. Turmeric output is seen higher at 7 million bags thanks to higher sowing and favorable weather conditions. Turmeric acreage in Telangana and Andhra Pradesh was higher this year as compared last year. In Nizamabad, a major spot market in AP, the price ended at 7300 rupees gained 75 rupees. 

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