Webinar :Join Commodity Ki Paathshala on ‘Volatility in Agriculture commodities Prices- Importance of Price Risk Management and Role of Derivatives Markets’ on March 9, 5pm. Register Now!

Turmeric to trade in 6244-6520: Achiievers Equities

According to Achiievers Equities, Turmeric prices gained on short covering after prices dropped on expectations of higher output and increasing supplies of new crop.

June 09, 2017 / 08:19 AM IST

Achiievers Equities' commodity report on Turmeric


Turmeric trading range for the day is 6244-6520.

Turmeric prices gained on short covering after prices dropped on expectations of higher output and increasing supplies of new crop.

Turmeric output is expected to be bumper as not only the acreage was higher but weather remained favourable.

NCDEX accredited warehouses turmeric stocks gained by 249 tonnes to 1657 tonnes.

BUY TURMERIC APR 2017 @ 6320 SL 6250 TGT 6420-6550.NCDEX.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

first published: Mar 28, 2017 01:00 pm

stay updated

Get Daily News on your Browser
Sections