Turmeric trading range for the day is 7316-7516. Turmeric prices gained on short covering after prices dropped amid weak physical demand and expectation of good supplies from the new season.The supplies have improved during last one month due to government auctions and lower exports data.The export of turmeric is down by 15.2% to 56,900 tonnes for the first 6 month of FY 2017/18 compared to last years’ exports. In Nizamabad, a major spot market in AP, the price ended at 7617.65 Rupees gained 117.65 Rupees.
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