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10-Sep2018

Turmeric futures trade higher on strong demand

Turmeric futures traded higher on NCDEX, as retailers and stockists indulged in frantic buying on anticipation of upcountry demand and on poor quality stocks. Besides, restricted supplies from growing regions also added to the upside.

The contract for September delivery was trading at Rs 6546.00, up by 0.89 % or Rs 58.00 from its previous closing of Rs 6488.00. The open interest of the contract stood at 3135 lots.

The contract for October delivery was trading at Rs 6670.00, up by 0.82 % or Rs 54.00 from its previous closing of Rs 6616.00. The open interest of the contract stood at 11325 lots on NCDEX.



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