Turmeric On NCDEX Settled Down By -0.17% At 8116

Turmeric on NCDEX settled down by -0.17% at 8116 on profit booking after prices earlier gained amid pickup in demand from August onwards ahead of festive season in India (August- October) and diminishing stocks in the physical market. The arrivals in the main physical markets such as Nizamabad, Duggirala (AP), Salem, Erode and Sangli reported decreasing. There is expectation of lower arrivals and good upcountry demand may lend support in coming weeks.

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