CP Update: Turmeric

Turmeric trading range for the day is 5679-5931.
Turmeric fell on mounting stocks and subdued demand from local traders and exporters.
Overseas demand is very poor and unlikely to recover in the coming days as exporters are awaiting a further fall
Turmeric output is estimated to be lower this year because of reduced plantation area in leading cultivating states.
In Nizamabad, a major spot market in AP, the price ended at 5942 rupees dropped by -35.2 rupees.

Capital Paramount is technical research based advisory firm, we offer mcx tips, ncdex tips, commodity tips, stock tips, agri tips ,equity tips, intraday tips, mcx-ncdex tips, forex tips, comex tips  with proper risk reward ratio. We provides all financial services under one roof with 95% accuracy. Get 2 days free trial on Share tips, nifty tips, Cash market tips, futures tips, option tips, intraday stock tips with upto 95% accuracy. http://www.capitalparamount.com