Breaking News

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

11-May2018

Turmeric futures trade higher on NCDEX

Turmeric futures traded higher on NCDEX in line with the speculative positions built up by participants amid firm demand in domestic as well as export demand. Meanwhile, tight stock positions and restricted arrivals also fuelled upward trend of turmeric in future market.

The contract for May delivery was trading at Rs 7438.00, up by 1.00% or Rs 74.00 from its previous closing of Rs 7364.00. The open interest of the contract stood at 705 lots.

The contract for June delivery was trading at Rs 7500.00, up by 0.54% or Rs 40.00 from its previous closing of Rs 7460.00. The open interest of the contract stood at 17780 lots on NCDEX.


Related News

View all news

Turmeric futures edge lower on NCDEX

Turmeric futures edged lower on NCDEX, with the liquidation of bets by market players amid anticipation of improvement in production in coming season. Besides, sluggish demand from physical domestic and......

Turmeric futures trade lower on profit booking

Turmeric futures traded lower on NCDEX, due to profit taking by speculators at prevailing higher price levels. Moreover, dip in demand from export and domestic markets followed by the report on increased......

Turmeric futures trade in green on improved demand

Turmeric futures traded in green on NCDEX, with the expectation of bargain buying at lower levels due to improving demand from the physical market players. Besides, the export of turmeric was reported......

Top News

View all news

TI Financial Holdings to make investment of up to Rs 50 crore

TI Financial Holdings has received an approval for the further investment in shares of Cholamandalam Investment and Finance Company (CIFCL) up to 300,000 equity shares Rs 10 each, up to a sum not exceeding......

Glenmark Pharma inducts into Dow Jones Sustainability Indices 2018

Glenmark Pharmaceuticals has been listed on the Dow Jones Sustainability Indices 2018. Dow Jones Sustainability Index (DJSI) is one of the most esteemed global benchmarks for sustainable business practices.......

Tata Steel completes acquisition of 51% equity stake in CPDPL

Tata Steel has completed the acquisition of 51% equity stake in Creative Port Development (CPDPL). Earlier, the company had executed definitive agreement for development of Subarnarekha Port &......