Turmeric Trading Range For The Day Is 6522–6958 — Research Icon
1 min readSep 9, 2019
Turmeric gained on short covering after prices dropped due to sufficient stocks arriving in the market coupled with expectation of good production
Prices also got some support due to lower sowing area in Tamil Nadu due to deficient rainfall and in AP as shifted to Cotton
Indian turmeric exports have been hit by the US sanctions against Iran, the largest buyer of the spice from India.
In Nizamabad, a major spot market in AP, the price ended at 6600 Rupees gained 50 Rupees.