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20-Mar2019

Turmeric futures trade higher on improving demand

Turmeric futures traded higher on NCDEX, as participants enlarged their bets tracking improving demand at the spot market. Moreover, government procurement in some states also fuelled the upside trend.

The contract for April delivery was trading at Rs 6142.00, up by 0.2% or Rs 12.00 from its previous closing of Rs 6130.00. The open interest of the contract stood at 9465 lots.

The contract for May delivery was trading at Rs 6178.00, up by 0.23% or Rs 14.00 from its previous closing of Rs 6164.00. The open interest of the contract stood at 6235 lots on NCDEX.


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