Turmeric Futures Slip In Red (28-Jul-2010)
Turmeric futures slipped at the NCDEX counter on anticipation of new crop arrivals in the domestic spot market. Further, even profit booking at the existing level has pressurized the commodity to trade sideways.
The contract for August delivery was trading at Rs 14420.00, down by 2.73% or Rs 404 from its previous closing of Rs 14824.00. The open interest of the contract stood at 8010.00 lots.
The contract for September delivery was trading at Rs 14062.00, down by 2.75% or Rs 398.00 from its previous closing of 14460.00. The open interest of the contract stood at 2490.00 lots on the NCDEX.
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