Sell Turmeric, Chilli: Nirmal Bang

Published on Wed, Nov 25, 2009 at 16:29 |  Source : Moneycontrol.com

Updated at Wed, Nov 25, 2009 at 16:33  

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Sell Turmeric, Chilli: Nirmal Bang

According to the Nirmal Bang's research report, Spot turmeric tumbled by Rs 500-800 per quintal in the major spot markets of the country because of bearish turmeric futures that receded by four per cent to hit lower circuit Inflow at the Erode market was 2,500 bags and sold at Rs 10500-10600 a quintal. In Duggirala and Warangal prices placed at Rs 10,000 a quintal. It recommends selling Turmeric, Chilli for the day and Jeera and pepper still looks strong and we expect uptrend to continue in both commodities during the day.

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