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16-May2011

Turmeric Commodities Experience Some Modification On Profit Booking

Turmeric commodities observed a few modification on Monday as the item experienced well-defined increase up in the past 3 dealing period that directed the trader`s money in earnings at increased levels. Additional even records saying the greater output of the item in the present Financial considered on the emotion. As per trade options, turmeric output this year is approximated 65 lakh bags against 45-48 lakh bags this past year

The settlement for May supply was dealing at Rs 8920.00, decrease by 0.78% or Rs 70.00 from their prior ending of Rs 8990.00. The available interest of settlement was standing at 8455 lots.

The settlement for June supply was exchanging at Rs 8482.00, downward by 0.40% or Rs 34.00 from their previous terminating of Rs 8516.00. The available interest of settlement were standing at 6920 tons on NCDEX.

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