Turmeric Futures Closed Unchanged On Wednesday

Turmeric futures closed unchanged on Wednesday as traders are assessing the damage caused by recent heavy rains in turmeric area. Turmeric Jan’17 delivery contract on NCDEX closed unchanged to settle at Rs 7,190 per quintal. The stock positions of Turmeric in the Exchange warehouses in the current season are only stock at Sangali (1928 tonnes as on 13-Dec-16) while last year the stocks were stored in Duggirala, Erode and Nizamabad too and recorded about 4446 tonnes.

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