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Commodity picks: September 4, 2017

Prices of turmeric are expected to move higher towards Rs 7,700 a quintal

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Prerana Desai
Last Updated : Sep 04 2017 | 4:06 AM IST
Turmeric
 
Turmeric is currently trading at Rs 7,608 a quintal in the Nizamabad market. Demand is expected to improve ahead of festival season, which could support prices. In the coming days, prices are expected to move higher towards Rs 7,700 a quintal. 

Castor seed
 
Castor seed is expected to trade higher towards Rs 4,630 - 4,650 a quintal in the coming days, from the current level of Rs 4,551. Lower acreage in the coming season, amid tighter stocks for the remaining months, is likely to support prices.
Prerana Desai, V-P (research), Edelweiss Agri Services and Credit, Edelweiss Agri Value Chain 

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First Published: Sep 03 2017 | 10:33 PM IST

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