December 12, 2017

MTECHTIPS

MTECHTIPS:Turmeric futures likely to trade firm

Mtechtips has come out with its report on Turmeric . According to the research firm, Turmeric futures are likely to trade firm due to good off take from stockists, who are building their inventories at lower price levels before the start of the new crop arrivals.Turmeric futures are likely to trade firm due to good off take from stockists, who are building their inventories at lower price levels before the start of the new crop arrivals. According to market source, fresh crop, which is expected to hit spot markets by January, has higher moisture content and that is considered unsuitable for exports. Lower turmeric output estimates for 2012-13 (Jul-Jun) are also expected to support prices.

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