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09-Apr2019

Turmeric futures trade lower on fresh arrivals

Turmeric futures traded lower on NCDEX on the back of fresh season arrivals and good production prospects. However, higher demand for standing crop in the physical market capped downside momentum.

The contract for April delivery was trading at Rs 6642.00, down by 0.87% or Rs 58.00 from its previous closing of Rs 6700.00. The open interest of the contract stood at 1815 lots.

The contract for May delivery was trading at Rs 6728.00, down by 0.74% or Rs 50.00 from its previous closing of Rs 6778.00. The open interest of the contract stood at 16405 lots on NCDEX.


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