Breaking News

You are here » Indian-Commodity  :  Commodities  :  Turmeric Futures Witness Sharp Decline


Turmeric Futures Witness Sharp Decline

Turmeric futures are witnessing sharp decline on Wednesday, extending their correction mood due to heavy arrival pressure, higher stocks and low export demand; though traders are waiting for exports to pick up in coming weeks at these low levels and then the prices can be expected to improve.

The contract for May delivery was trading at Rs 8474.00, down by 1.74% or Rs 150.00 from its previous closing of Rs 8624.00. The open interest of the contract stood at 13720 lots.

The contract for June delivery was trading at Rs 8356.00, down by 1.04% or Rs 88.00 from its previous closing of Rs 8444.00. The open interest of the contract stood at 7330 lots on NCDEX.

Related News

View all news

BT Cotton Seeds Businesses Targeting Earnings Of Rs 700 Crore This Season

BT Cotton seeds organizations are targeting earnings of Rs 700 cr this season as a result of a rise ......

Gold Challenges To Maintain Earlier Increases As The Problems In Europe Prolongs

Gold prices surrounded reduce on Monday because the euro solved their deficits in opposition to the ......

Copper Seems To Lengthen Uptrend As Dollar Recoils

Copper rates were able to lengthen the uptrend for 3rd instantly period on Monday, as traders proved......

Top News

View all news

RPP Infra Projects bags orders worth Rs 62.90 crore from BHEL

RPP Infra Projects has bagged orders from Bharat Heavy Electricals (BHEL), Chennai for worth of Rs 62.90 crore. The first order is for providing civil works of Boiler, Mill and Bunker, ESP area of unit......

Glenmark gets tentative ANDA approval for Abiraterone Acetate Tablets

Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted tentative approval by the United States Food & Drug Administration (USFDA) for Abiraterone Acetate Tablets USP, 250 mg, a generic......

HDFC Standard Life Insurance reports 18% rise in Q3 net profit

HDFC Standard Life Insurance has reported results for third quarter ended December 31, 2018. The company has reported a rise of 18.48% in its net profit at Rs 245.63 crore for the quarter under review......