Turmeric On NCDEX Settled Up By 0.97% At 7068

Turmeric on NCDEX settled up by 0.97% at 7068 on receipt of some fresh export enquiry from upcountry buyers. Further, tight stocks position due to poor production in the recent years amid scanty rainfall in producing regions too fuelled the uptrend. However, reports of good production from new season crops capped further rise. The stock positions of Turmeric in the Exchange warehouses in the current season are only stock at Sangali while last year the stocks were stored in Duggirala, Erode and Nizamabad too.

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