Turmeric

Turmeric trading range for the day is 6292-6420.

Turmeric dropped on profit booking amid improving supplies and weak demand in physical markets.

Prices remained under pressure amid expectations of increase in arrivals at the spot markets in the coming days with better moisture content.

However, downside seen limited on concerns that drought conditions and cold weather will adversely affect the production.

In Nizamabad, a major spot market in AP, the price ended at 6579.15 Rupees dropped -29.95 Rupees.

SELL TURMERIC 16 APR 2019 @ 6400 SL 6460 TGT 6300-6240.NCDEX.

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