EPIC AGRI COMMODITY UPDATE:TURMERIC

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Epic Research
Turmeric trading range for the day is 6767-7223.Turmeric ended with good gains on the heels of weak domestic production along with strong stockiest demand.Total production of turmeric has been revised lower to 45 lakh bags for the current year from the previous estimates of 55 lakh bags.NCDEX accredited warehouses turmeric stocks gained by 89 tonnes to 496 tonnes.In Nizamabad, a major spot market in AP, the price ended at 6552.1 rupees gained by 156.9 rupees.
 
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