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27-Oct2016

Turmeric futures trade lower on NCDEX

Turmeric futures traded lower on NCDEX on expectation of higher production in coming season. Though, some losses were capped on good demand from the domestic and upcountry buyers at the spot market ahead of Diwali.

The contract for November delivery was trading at Rs 7220.00, down by 0.66% or Rs 48.00 from its previous closing of Rs 7268.00. The open interest of the contract stood at 9835 lots.

The contract for December delivery was trading at Rs 7036.00, down by 0.71% or Rs 50.00 from its previous closing of Rs 7086.00. The open interest of the contract stood at 8085 lots on NCDEX.


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