NCDEX Agri commodities turmeric declined today. NCDEX Turmeric December futures is trading with decline nearly 2 per cent. Andhra Pradesh is also rich harvest Turmeric estimates. Turmeric on the pressure of weak export demand is also being witnessed. Production of turmeric in 2011-12, is estimated at 75-85 million bags. Production of turmeric was 65-70 million bags in 2010-11.
NCDEX Turmeric Tips
Turmeric December futures Sell - 4650, Stoploss - 4775 Target - 4400.
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