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Turmeric gains on short covering tracking firmness in spot demand after prices remained under pressure on low demand and improving supplies.The demand for exports has also improved as new season good quality crop have hit the physical market.The turmeric arrivals in the country increase 22% last week (13-17 Feb) compared to previous week.In Nizamabad, a major spot market in AP, the price ended at 6981.25 Rupees dropped -168.75 Rupees.

Turmeric Merchants Association Sales yard the finger turmeric sold at Rs. 5,233 to Rs. 8,668 a quintal, root variety sold at Rs. 5,122 to Rs. 7,409 a quintal. At the Regulated Marketing Committee the finger turmeric sold at Rs. 6,889 to Rs. 8,464 a quintal, root variety sold at Rs. 6,883 to Rs. 7,699 a quintal. In Nizamabad, a major spot market in AP, the price ended at 6981.25 Rupees dropped -168.75 Rupees.Technically now Turmeric is getting support at 6738 and below same could see a test of 6582 level, And resistance is now likely to be seen at 7024, a move above could see prices testing 7154.