Expect Turmeric to trade higher: Angel Commodities

Angel Commodities' report on Turmeric

NCDEX Turmeric prices fell on Wednesday as fresh selling is observed due to steady demand despite lower arrivals in the physical market. The trend is little up on lower arrivals and steady increase in demand at lower levels.

Outlook

Turmeric may trade higher on expectation of good demand in the physical market as prices have been lower this season. The supplies have been lower due to lower prices and there is some increase in demand which may keep the prices supported.

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