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30-Nov2018

Turmeric futures surge on firm demand

Turmeric futures surged on NCDEX, due to frantic buying by retailers and stockists at prevailing lower rates. Moreover, firm demand from domestic markets also fuelled uptrend.

The contract for December delivery was trading at Rs 6550.00, up by 2.18% or Rs 140.00 from its previous closing of Rs 6410.00. The open interest of the contract stood at 8945 lots.

The contract for April delivery was trading at Rs 6656.00, up by 3.00 % or Rs 194.00 from its previous closing of Rs 6462.00.The open interest of the contract stood at 12395 lots on NCDEX.


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