Turmeric On NCDEX Settled Down By -0.29% At 8190

Turmeric on NCDEX settled down by -0.29% at 8190 due to reports of lower domestic demand and expectation of higher sowing prospects. Despite the weather disturbances and reports of lower production, prices followed the seasonal trend. According to the data, the quantity of turmeric arrivals during February-May in key states was higher by 71 per cent compared to the last season. Higher arrivals in 2015-16 were thanks to the good prices and higher production, according to trade sources.

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