Turmeric: uptrend may discontinue - 09 June, 2016

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About 4200 bags of turmeric arrived at Erode where the price rose by Rs 100 / 200 per quintal. Consequently, turmeric erode gatha asitis in Delhi rose by Rs 100 to Rs 9100 per quintal.
The active contract fell by 1.06% or Rs 88 to Rs 8170 owing to weak buying from speculatives. The uptrend in turmeric may discontinue in the coming days.

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