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24-Apr2018

Turmeric futures slip on muted demand

Turmeric futures slipped on NCDEX pressurized by muted demand from physical domestic and export markets. Meanwhile, mounting of stocks and higher supplies from the producing belts too triggered the downtrend.

The contract for May delivery was trading at Rs 6826.00, down by 1.10% or Rs 76.00 from its previous closing of Rs 6902.00. The open interest of the contract stood at 12895 lots.

The contract for June delivery was trading at Rs 6914.00, down by 1.09% or Rs 76.00 from its previous closing of Rs 6990.00. The open interest of the contract stood at 4070 lots on NCDEX.



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