Turmeric futures traded on a negative note on Wednesday extending losses of the previous day on weak demand due to arrivals of poor quality crop in the physical markets coupled with huge carryover stocks and settled 2.49% lower. Prices gained last week on short coverings as well as lower level demand.
Turmeric futures are expected to trade on a negative note. Weak demand due to poor quality arrivals as well as huge carryover stocks may keep prices under check. Lower level demand and expectations of overseas enquiries may support prices at lower levels.
For more details visit: http://www.capitalstroke.com/ or contact on 0731-3299704
0 comments :
Post a Comment