Tuesday, 3 May 2011

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Turmeric declines on low production estimates

  • Tuesday, 3 May 2011
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  • Turmeric futures continued decline on higher production estimation and arrivals in spot market dampened the sentiments. However less arrivals compared with previous day s' had supported the prices from further decline. Spot prices remained steady and fresh arrivals in Nizamabad and Erode is estimated near 7000 bags and 10000 bags respectively. However robust demand for the salem crop had



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