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EPIC AGRI COMMODITY UPDATE:TURMERIC 4th march 2013

Discussion in 'Stock Market News & Analysis' started by Epicresearch, Mar 5, 2013.

  1. Epicresearch

    Epicresearch Active Member

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    Turmeric trading range for the day is 5906-6346.
    Turmeric gained on some lower-level buying, though higher carry-forward stocks and rising local supplies weighed on sentiment.
    Overall sentiments remained firm as lower production prospects and improved demand kept supporting sentiments.
    Lower output concerns are supporting prices but any sharp gain is unlikely because of high stocks.

    In Nizamabad, a major spot market in AP, the price ended at 5414.75 rupees gained by 7.6 rupees.
     
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