Turmeric On NCDEX Settled Down -0.19% At 8272

Turmeric on NCDEX settled down -0.19% at 8272 on late profit booking after prices gained due to the arrival of medium and good quality turmeric from the producing belts. Further, receipt of some fresh upcountry orders limited the downside. The arrivals in the main physical markets such as Nizamabad, Duggirala (AP), Salem, Erode and Sangli reported decreasing compared to last week. In Telangana State, Turmeric sowing reported, around 21028 hectares as compared to last year same period 25516 hectares, normal in season 48083 hectares. In Andhra Pradesh, till now Turmeric sowing complete around 2522 hectares as compared to last year 2638 hectares. Normal area in season around 19059 hectares

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