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Epic Agri Cimmodity Update:turmeric

Discussion in 'Technical Analysis' started by Epicresearch, Mar 8, 2013.

  1. Epicresearch

    Epicresearch Active Member

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    Turmeric trading range for the day is 6256-6664.Turmeric gained due to overseas inquiries and concerns over lower output but a pick-up in domestic supplies from the new crop.There are some good inquiries coming in from local buyers and exporters.Turmeric production in 2012-13 is expected around 50-60% lower compared to last year's historical high of 90 lakh bags.In Nizamabad, a major spot market in AP, the price ended at 5628.9 rupees gained by...
     
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