Turmeric On NCDEX Settled Up By 0.7% At 8002

Turmeric on NCDEX settled up by 0.7% at 8002 due to good demand despite sowing progressing well in South India. The arrivals in the main physical markets such as Nizamabad, Duggirala (AP), Salem, Erode and Sangli reported decreasing compared to last week. Good sowing progress in Karnataka and Tamilnadu may pressurize prices in coming weeks.

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