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Epic Agri Commodity Update:turmeric

Discussion in 'Technical Analysis' started by Epicresearch, Mar 6, 2013.

  1. Epicresearch

    Epicresearch Active Member

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    Turmeric trading range for the day is 6037-6257.Turmeric fell as mounting stocks and an improvement in local supplies offset concerns over lower crop.Supplies in the local market are increasing every week. Turmeric production in the South Indian states of A.P, Karnataka and Tamil Nadu is likely to be lower by 30-40% this yearIn Nizamabad, a major spot market in AP, the price ended at 5437.5 rupees gained by 22.75 rupees
     
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