Tuesday, 4 June 2019

Turmeric Ended With Losses As Pressure Seen On Prices Due To Higher Stocks

Turmeric trading range for the day is 6848-7084.

Turmeric ended with losses as pressure seen on prices due to higher stocks with traders and farmers.

However, Government procurement in some states coupled with improving demand for exports limited the downside.

Old crop turmeric stocks with traders are expected around 20 lakh bags across the country.

In Nizamabad, a major spot market in AP, the price ended at 6720.45 Rupees dropped -40 Rupees.

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