Turmeric futures traded higher on NCDEX as traders enlarged their positions due to strong demand from domestic and export markets. Moreover, lower stocks with stockists also fuelled the uptrend in turmeric prices in future market.
The contract for May delivery was trading at Rs 7420.00, up by 0.13 % or Rs 10.00 from its previous closing of Rs 7410.00. The open interest of the contract stood at 8830 lots.
The contract for June delivery was trading at Rs 7490.00, up by 0.19 % or Rs 14.00 from its previous closing of Rs 7476.00. The open interest of the contract stood at 10680 lots on NCDEX.