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10-Apr2019

Turmeric futures trade lower on higher arrivals

Turmeric futures traded lower on NCDEX as speculators reduced exposure on account of higher arrivals and good production prospects in the coming season. However, pick-up in domestic and export demand capped the downtrend.

The contract for April delivery was trading at Rs 6574.00, down by 0.42% or Rs 28.00 from its previous closing of Rs 6602.00. The open interest of the contract stood at 1230 lots.

The contract for May delivery was trading at Rs 6672.00, down by 0.15% or Rs 10.00 from its previous closing of Rs 6682.00. The open interest of the contract stood at 17130 lots on NCDEX.


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