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10-Jul2017

Turmeric futures edge up on improving demand

Turmeric futures edged up on NCDEX on improving demand from upcountry buyers at the spot market. Further, slow pace of turmeric sowing in largest turmeric sowing States, Telangana also added support to turmeric prices' uptrend.

The contract for July delivery was trading at Rs 6946.00, up by 1.88% or Rs 128.00 from its previous closing of Rs 6818.00. The open interest of the contract stood at 4345 lots.

The contract for August delivery was trading at Rs 7040.00, up by 1.94% or Rs 134.00 from its previous closing of Rs 6906.00. The open interest of the contract stood at 13175 lots on NCDEX.


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