Wednesday, July 18, 2012

NCDEX TURMERIC TIPS 18 JUL 2012


TURMERIC ARRIVALS SLIDE IN NIZAMABAD MANDI
DATE: 18/07/2012  
     According to market sources, turmeric price in the Nizamabad mandi stood at R 4,800 per quintal, up by R 100 per quintal. The arrivals in the Nizamabad mandi decreased to 3,500 bags from 4,000 bags over previous close.
The arrivals in the Erode stood steady at 4,000 bags with price quoting steady R 4,800 per quintal. The Salem variety was trading steady at R 5,700 per quintal.
In the Nanded mandi of Maharashtra, select quality quoted steady at R 5,200-5,600 per quintal. The Powder quality traded at R 4,600-5200 per quintal. In the Sangli mandi, Rajapuri variety quoted at R 6,000 per quintal and Desi Kadappa was quoting at R 5,400 per quintal.
The NCDEX Turmeric August contract moved in the range of R 5,262-5,356 and is currently trading higher at R 5,300 per quintal, up by R 22 or 0.42 % per quintal.



POWERED BY:  COMMODITY INSIGHTS
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