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24-Nov2016

Turmeric futures trade higher on NCDEX

Turmeric futures traded higher on NCDEX on expectation of rising demand from the industrial buyers. Though, some gains were capped on heavy arrivals as the turmeric crop in Maharashtra and Andhra Pradesh are in good condition.

The contract for December delivery was trading at Rs 7276, up by 0.19% or Rs 14 from its previous closing of Rs 7262. The open interest of the contract stood at 7660 lots.

The contract for April delivery was trading at Rs 6980, up by 1.31% or Rs 90 from its previous closing of Rs 6890. The open interest of the contract stood at 6310 lots on NCDEX.


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