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07-Dec2018

Turmeric futures trade lower on higher arrivals

Turmeric futures traded lower on NCDEX, due to trimming of bets by market players counting on sluggish demand coupled with higher arrivals from growing regions. Moreover, profit booking at higher levels also added down trend.

The contract for December delivery was trading at Rs 6280.00, down by 0.95% or Rs 60.00 from its previous closing of Rs 6340.00. The open interest of the contract stood at 6750 lots.

The contract for April delivery was trading at Rs 6542.00, down by 0.58% or Rs 38.00 from its previous closing of Rs 6580.00.The open interest of the contract stood at 13225 lots on NCDEX.


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