Turmeric futures traded higher on NCDEX supported by frantic buying by stockists and retailers followed by firm domestic and overseas physical demand. Further, restricted supplies from growing regions also fuelled the upward movement.
The contract for May delivery was trading at Rs 7312.00, up by 0.69 % or Rs 50.00 from its previous closing of Rs 7262.00. The open interest of the contract stood at 7760 lots.
The contract for June delivery was trading at Rs 7420.00, up by 1.26 % or Rs 92.00 from its previous closing of Rs 7328.00. The open interest of the contract stood at 11520 lots on NCDEX.