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24-Oct2018

Turmeric futures trade higher on diminishing arrivals

Turmeric futures traded higher on NCDEX, with the increased buying by market participants counting on diminishing arrivals from growing regions followed by steady physical demand from domestic and export markets.

The contract for November delivery was trading at Rs 6638.00, up by 0.58% or Rs 38.00 from its previous closing of Rs 6600.00. The open interest of the contract stood at 12490 lots.

The contract for December delivery was trading at Rs 6618.00, up by 0.27% or Rs 18.00 from its previous closing of Rs 6600.00. The open interest of the contract stood at 1645 lots on NCDEX.


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