Capital stroke NCDEX Update :TURMERIC 15 MAY 2014

Turmeric futures traded on a negative note on Tuesday on weak demand due to arrivals of poor quality crop in the physical markets coupled with huge carryover stocks. However, lower level demand as well as forecast of below normal monsoon in 2014 supported prices at lower levels. The  spot as well as the June futures settled 0.47% and 1.54% lower.

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