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.