Commodity Market Tips; Turmeric Trading Range For The Day Is 6486-6738

Turmeric on NCDEX settled down by -0.3% at 6624 as the supplies are adequate in the physical market. Though, some losses were capped on rising domestic as well as exports demand at the spot market. On the export front, country exported about 82,115 tons during April-December period, up by 28% compared to last year exports of 64,105 tons. The turmeric arrivals in the country increase to 54,641 tons during February 27- March 4 compared to 28,454 tons during previous week.

Trading Ideas:

*Turmeric trading range for the day is 6486-6738.

*Turmeric prices ended with losses as the supplies are adequate in the physical market.

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