Turmeric on NCDEX settled up 0.59% at 7178 on short covering amid expectation of good demand form the bulk buyers. Market is expecting higher production in the new season. The arrivals have been lower during first 25 days of October at 5,642 tonnes compared to 8,472 tonnes last year same period according to data.

Trading Ideas:

* Turmeric trading range for the day is 7112-7232.

* Turmeric prices gained on short covering amid expectation of good demand form the bulk buyers.

* The arrivals have been lower during first 25 days of October at 5,642 tonnes compared to 8,472 tonnes last year same period according to data.

* NCDEX accredited warehouses turmeric stocks dropped by 229 tonnes to 2099 tonnes.

* In Nizamabad, a major spot market in AP, the price ended at 0 Rupees remains unchanged at0 Rupees.

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