Turmeric On NCDEX Settled Up By 0.18% At 6844



Turmeric on NCDEX settled up by 0.18% at 6844 on short covering after prices dropped on rising arrivals as the harvesting is going on in key producing states – Maharashtra, Tamilnadu and Karnataka. Moreover, turmeric acreage in Telangana and Andhra Pradesh was higher this year as compared to last year, also weighed on turmeric prices. Production of turmeric in Telangana is seen rising 35% on year to 251,000 tn 2016-17 (Jul Jun) due to favourable rains. Though, some losses were capped on rising exports demand at the spot market. Country exported about 74,524 tons, up by 32% during April-Nov period compared last year exports of 56,471 tons.

For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ - 0731-6554125 | Toll Free - 1800-3010-2007
Give a Missed Call for Free Trial - 0969999771
NewerStories OlderStories Home

0 comments: