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 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......