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26-Nov2018

Turmeric futures trade lower on NCDEX

Turmeric futures traded lower on NCDEX, due to trimming of bets by market players tracking dip in demand from domestic and export markets. Moreover, higher arrivals from growing regions and reports on increased acreage added downside momentum.

The contract for December delivery was trading at Rs 6442.00, down by 0.62 % or Rs 40.00 from its previous closing of Rs 6482.00. The open interest of the contract stood at 11385 lots.

The contract for April delivery was trading at Rs 6534.00, down by 0.37 % or Rs 24.00 from its previous closing of Rs 6558.00. The open interest of the contract stood at 11020 lots on NCDEX.


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