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Epic Agri Commodity Update: Turmeric

Discussion in 'Technical Analysis' started by Epicresearch, Mar 21, 2013.

  1. Epicresearch

    Epicresearch Active Member

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    Turmeric trading range for the day is 6477-6737.Turmeric gained on an expected drop in production, though rising supplies from the new season crop weighed on sentiment.Total carryover stocks of the last year were also reported lower at 35 lakh bags at major mandies.Turmeric traders are eyeing some buoyancy in spot market in coming days. In Nizamabad, a major spot market in AP, the price ended at 6393.15 rupees gained by 31.25 rupe..
     
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