Friday 27 June 2014

Capital stroke NCDEX Update : TURMERIC 27 June 2014



Turmeric trading range for the day is 6333-6605.
Turmeric prices dropped coupled with weak demand in the physical markets on the back of arrivals of poor quality crop and huge carryover stocks.
Sowing of Turmeric in AP for the 2013-14 season is reported at 0.53 lakh ha, as against 0.68 lakh ha last year and a normal sowing of 0.68 lakh ha.
Spot prices of the hybrid finger turmeric increased in Erode markets following enquiries from North India.

In Nizamabad, a major spot market in AP, the price ended at 5870.85 rupees gained 32.2 rupees.

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