Breaking News

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

18-Apr2018

Turmeric futures trade higher on NCDEX

Turmeric futures traded higher on NCDEX, owing to fresh buying by local stockists amid arrival of good quality produce and strong upcountry demand. Meanwhile, reports on improvement in export demand in near term also boosted turmeric rates in future market.

The contract for May delivery was trading at Rs 6806.00, up by 0.89 % or Rs 60.00 from its previous closing of Rs 6746.00. The open interest of the contract stood at 13910 lots.

The contract for June delivery was trading at Rs 6890.00, up by 1.32 % or Rs 90.00 from its previous closing of Rs 6800.00. The open interest of the contract stood at 2535 lots on NCDEX.


Related News

View all news

Turmeric futures trade higher on firm demand

Turmeric futures traded higher on NCDEX, with the widening of portfolios by market participants tracking firm domestic and export demands. Even though, improved acreage and higher arrivals from growing......

Turmeric futures edge lower on higher acreage

Turmeric futures edged lower on NCDEX, as speculators reduced exposure on account of decline in export demand. Moreover, expectations of better crop this season, amid reports of increase in acreage compared......

Turmeric futures traded higher on pick-up in demand

Turmeric traded higher on NCDEX, due to increased buying following expectation of pick-up in domestic demand amid festive season. Besides, diminishing arrivals from growing regions too fueled the uptrend.The......

Top News

View all news

Atishay bags two work orders for preparation of Urdu Photo Electoral rolls

Atishay has received the work order from the Office of the Collector & District Election Officer, District-Bhopal (MP) for Preparation of Urdu Photo Electoral rolls, as per Election Commission......

Jindal Poly Films to incorporate wholly owned subsidiary

Jindal Poly Films will incorporate wholly owned subsidiary Company i.e. J. and D. Speciality Films. The Board of Directors of the company at their meeting held on November 12, 2018, took note of the same.Jindal......

Bannari Amman Spinning Mills to promote wholly owned subsidiary

Bannari Amman Spinning Mills has received an approval to promote a wholly owned subsidiary to carry out the new line of allied activities in future. The Board of Directors of the company at their meeting......