TURMERIC
HOVERS STABLE IN SPOT MARKET
DATE: 04/06/2012
According to market
sources, turmeric price in the Nizamabad mandi stood steady at R 3,800 per quintal. The arrivals in the Nizamabad mandi
stood at 3,000 bags. There were no arrivals and prices reported in Erode mandi
in Tamil Nadu.
In the Nanded mandi of Maharashtra, select quality quoted at R 3,800 per quintal. The Powder quality traded at R 3,500 per quintal. In the Sangli mandi, Rajapuri variety quoted at R 4,000 per quintal and Desi Kadappa was quoting at R 3,800 per quintal.
The NCDEX Turmeric June contract moved in the range of R 3630- 3490 and is currently trading lower at R 3500 per quintal, down by R 112 or 3.1 % per quintal.
In the Nanded mandi of Maharashtra, select quality quoted at R 3,800 per quintal. The Powder quality traded at R 3,500 per quintal. In the Sangli mandi, Rajapuri variety quoted at R 4,000 per quintal and Desi Kadappa was quoting at R 3,800 per quintal.
The NCDEX Turmeric June contract moved in the range of R 3630- 3490 and is currently trading lower at R 3500 per quintal, down by R 112 or 3.1 % per quintal.
POWERED BY: COMMODITY
INSIGHTS
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