Breaking News

You are here » Indian-Commodity  :  Commodities  :  Turmeric  :  Turmeric futures trade higher on firm demand

10-Jan2019

Turmeric futures trade higher on firm demand

Turmeric futures traded higher on NCDEX, in line with speculative positions built up by participants amid firm demand in domestic as well as export markets. However, reports on improved sowing in turmeric growing areas of Tamilnadu, Karnataka and Maharashtra capped the upside.

The contract for April delivery was trading at Rs 6650.00, up by 0.67% or Rs 44.00 from its previous closing of Rs 6606.00. The open interest of the contract stood at 13225 lots.

The contract for May delivery was trading at Rs 6680.00, up by 0.57% or Rs 38.00 from its previous closing of Rs 6642.00. The open interest of the contract stood at 240 lots on NCDEX.


Related News

View all news

Turmeric futures trade higher on firm demand

Turmeric futures traded higher on NCDEX, in line with speculative positions built up by participants amid firm demand in domestic as well as export markets. However, reports on improved sowing in turmeric......

Turmeric futures trade lower on profit booking

Turmeric futures traded lower on NCDEX, as investors booked their profit at prevailing higher rates amid reports of higher turmeric acreage. However, strong domestic demand trimmed the some losses.The......

Turmeric futures trade lower on rise in arrivals

Turmeric futures traded lower on NCDEX, with liquidation of bets counting on increased arrivals from growing regions and dip export demands. During the November, arrivals of turmeric have been higher at......

Top News

View all news

Medico Intercontinental gets nod for diversification into pharma industry

Medico Intercontinental has received an approval for diversification into Pharmaceutical Industry and change in main object clause of the memorandum of association (MOA) of the company. The Board of Directors......

Jet Airways defers deliveries of six Boeing 737 max aircraft

Jet Airways has deferred deliveries of six Boeing 737 max aircraft due to the payment arrears to its lessors. Jet Airways is India's premier international airline, which operates flights to India and overseas.......

Shakti Pumps extends holiday in main plant

Shakti Pumps (India) is still in process for resolving the issue and appointment of new labour contractors. Hence, the company extended the holiday for January 16, 2019 in the main plant of the company.......