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24-Aug2018

Turmeric futures decline on higher arrivals

Turmeric futures declined on NCDEX, in line with higher arrivals from growing regions. Moreover, improved sowing and lower exports demand also weighed on the turmeric prices in future trade.

The contract for September delivery was trading at Rs 6862.00, down by 0.23% or Rs 16.00 from its previous closing of Rs 6878.00. The open interest of the contract stood at 14405 lots.

The contract for October delivery was trading at Rs 6924.00, down by 0.12% or Rs 8.00 from its previous closing of Rs 6932.00. The open interest of the contract stood at 5230 lots on NCDEX.


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