Breaking News

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

06-Apr2018

Turmeric futures trade higher on technical buying

Turmeric futures traded higher on NCDEX on the back of increased buying by retailers and stockists amid low stocks. Further, fall in supplies from producing regions and firming trend in futures market also attributed to the price rise.

The contract for April delivery was trading at Rs 6484.00, up by 0.62 % or Rs 40.00 from its previous closing of Rs 6444.00. The open interest of the contract stood at 5880 lots.

The contract for May delivery was trading at Rs 6550.00, up by 0.58 % or Rs 38.00 from its previous closing of Rs 6512.00. The open interest of the contract stood at 10130 lots on NCDEX.


Related News

View all news

Turmeric futures trade higher on pick up in demand

Turmeric futures traded higher on NCDEX, as speculators engaged in fresh buying after previous session lower prices on back of pick up in spot demand. Even though, reports of improved sowing turmeric growing......

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......

Top News

View all news

Generic Engineering bags orders worth Rs 273.92 crore

Generic Engineering Construction & Projects has been awarded multiple orders to the tune of Rs 273.92 crore from established & reputed real estate developers and one from India's leading......

Zuari Global enters into agreement with Axis Finance to avail loan facility

Zuari Global has entered into a facility agreement with Axis Finance to avail loan facility and an overdraft facility not exceeding Rs 85 crore and an overdraft facility up to an amount not exceeding Rs......

Ravalgaon Sugar Farm to sell sugar plant

Ravalgaon Sugar Farm has executed the requisite transfer documents for transfer of its Sugar Plant and Building along with surrounding land of approximately 85,000 square meters to S. J. Sugar Distillery......