Turmeric futures firm up on strong export demand (30-Jul-2010)
Turmeric futures have firmed up due to good export demand from mid-east Asian countries. Further, the anticipation of the further demand rise ahead of the Ramadan festival in September has also provided some support to the prices of the commodity.
The contract for August delivery was trading at Rs 14554.00, up by 1.28% or Rs 184 from its previous closing of Rs 14370.00. The open interest of the contract stood at 8465.00 lots.
The contract for September delivery was trading at Rs 14360.00, up by 1.20% or Rs 170 from its previous closing of 14190.00. The open interest of the contract stood at 2305.00 lots on the NCDEX.
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