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EPIC RESEARCH NCDEX Turmeric UPDATE OF 24 October 2018

Turmeric trading range for the day is 6510-6710.

Turmeric dropped on profit booking after prices gained on improved demand in the local mandis amid lower stock.

Turmeric output in Erode, which had slumped last year on the back of two consecutive droughts, is set to witness a rebound, if planting area is any indication.

NCDEX accredited warehouses turmeric stocks dropped by 262 tonnes to 3386 tonnes.

In Nizamabad, a major spot market in AP, the price ended at 6907.25 Rupees gained 7.25 Rupees.

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This post first appeared on Mcx And NCDEX Updates By Epic Research, please read the originial post: here

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EPIC RESEARCH NCDEX Turmeric UPDATE OF 24 October 2018


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