Turmeric trading range for the day.
Buy Turmeric Apr Abv 6150 SL BELOW 6100 TGT 6220-6280. NCDEX
Turmeric trading range for the day is 6086-6218.
Turmeric gained on the back of concerns that drought conditions and cold weather will affect crop production.
However, upside seen limited on higher supplies prospects from new season crop limiting the downside.
There is an expectation of higher production this season due to higher acreage in Telangana.
In Nizamabad, a major spot market in AP, the price ended at 6292.5 Rupees dropped -43.2 Rupees.
BUY TURMERIC APR ABV 6150 SL BELOW 6100 TGT 6220-6280. NCDEX.
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