Turmeric on NCDEX settled down by -0.11% at 7350 on slackened demand at the spot market. Moreover, arrival of medium quality turmeric from the producing belts too influenced turmeric prices. Prices of turmeric were down as turmeric yield and output is expected to improve in 2017-18 on good monsoon in the Southern India.

Trading Ideas:

* Turmeric trading range for the day is 7280-7416.

* Turmeric prices ended with losses on slackened demand at the spot market.

* Prices of turmeric were down as turmeric yield and output is expected to improve in 2017-18 on good monsoon in the Southern India.

* NCDEX accredited warehouses turmeric stocks dropped by 35 tonnes to 3838 tonnes.

* In Nizamabad, a major spot market in AP, the price ended at 7372.2 Rupees dropped -22.25 Rupees.

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