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EPIC RESEARCH NCDEX TURMERIC UPDATE OF 03 JANUARY 2018

Turmeric trading range for the day is 7530-7950. Turmeric prices ended with losses tracking weakness in spot demand on profit booking after prices gained anticipations of lower output. Forecast of heavy rains over Andhra Pradesh during next 1-2 days may have adverse impact on the standing crop. Reports from Erode in Tamil Nadu indicate a drastic fall in sowing in those regions due to a drought like situation this year. In Nizamabad, a major spot market in AP, the price ended at 7790 Rupees dropped -60 Rupees.



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EPIC RESEARCH NCDEX TURMERIC UPDATE OF 03 JANUARY 2018

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