Wednesday, May 2, 2012

NCDEX TURMERIC TIPS 02 MAY 2012


TURMERIC ARRIVALS UP IN ERODE MANDI

DATE: 02/05/2012                                                                                                                                      

According to market sources, turmeric price in the Nizamabad mandi stood at Rs 3,500 per quintal, up by Rs 100 per quintal. The arrivals in the Nizamabad mandi stood steady at 8,000 bags.
Turmeric price quoted in the Erode mandi at Rs 3,500-4,000 per quintal. The arrivals in the Erode mandi jumped to 18,000 bags from 13,000 bags. The Salem variety was trading at Rs 3,600 per quintal.
In the Nanded mandi of Maharashtra, select quality quoted at Rs 3,900 per quintal. The Powder quality traded at Rs 3,350 per quintal..
In the Sangli mandi, Rajapuri variety quoted at Rs 4,500 per quintal and Desi Kadappa was quoting at Rs 3,500 per quintal.
The NCDEX Turmeric May contract moved in the range of Rs 3,472-3,554 and is currently trading higher at Rs 3,526 per quintal, up by Rs 18 or 0.51% per quintal.

POWERED BY: COMMODITY INSIGHTS

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