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01-Apr2019

Turmeric futures trade higher on NCDEX

Turmeric futures traded higher on NCDEX on the back of concerns that drought conditions will adversely affect the production. Further, higher demand for the crop in the physical market too fuelled the uptrend.

The contract for April delivery was trading at Rs 6156.00, up by 1.18% or Rs 72.00 from its previous closing of Rs 6084.00. The open interest of the contract stood at 6520 lots.

The contract for May delivery was trading at Rs 6230.00, up by 1.1% or Rs 68.00 from its previous closing of Rs 6162.00. The open interest of the contract stood at 9155 lots on NCDEX.


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