Turmeric: not likely to rise - 17 May, 2016

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Turmeric is not likely to rise in the next 6-7 days. In Delhi, turmeric erode gatha asitis fell further by Rs 200 to Rs 9300 per quintal due to tepid demand from stockists. Including this, it has witnessed a loss of Rs 400 / 500. The active contract improved by 0.11% or Rs 10 to Rs 8550 due to limited buying from stockists. Turmeric in spot is not likely to rise in the coming days.

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