Sunday 31 August 2014

Capital stroke NCDEX Update : TURMERIC 1 September 2014



Turmeric trading range for the day is 6594-6906.
Turmeric prices ended with gains as a delay in sowing due to late monsoon rains have raised concerns about lower production.

Besides, limited inventories in the physical market on account of restricted supplies from producing regions too supported turmeric prices.

Sowing of Turmeric in AP for the 2014-15 season is reported at 0.075 lakh ha, as against 0.08 lakh ha last year and a normal sowing of 0.09 lakh ha.

In Nizamabad, a major spot market in AP, the price ended at 6376.25 rupees gained 73.65 rupees

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