Breaking News

You are here » Indian-Commodity  :  Commodities  :  Turmeric  :  Turmeric futures trade lower on rise in acreage

13-Dec2018

Turmeric futures trade lower on rise in acreage

Turmeric futures traded lower on NCDEX, with the trimming of bets by speculators counting on improved yields with the rise in cultivating areas in Tamilnadu, Karnataka and Maharashtra. Moreover, dip in export demands also added down trend.

The contract for April delivery was trading at Rs 6502.00, down by 0.82% or Rs 54.00 from its previous closing of Rs 6556.00.The open interest of the contract stood at 14505 lots on NCDEX.


Related News

View all news

Turmeric futures trade higher on NCDEX

Turmeric futures traded higher on NCDEX on enlarged positions counting on uptick in demand for the crop in the physical market. However, new season arrivals and good production prospects, capped the upside......

Turmeric futures trade higher on NCDEX

Turmeric futures traded higher on NCDEX on enlarged positions counting on uptick in demand for the crop in the physical market. However, new season arrivals and good production prospects, capped the upside......

Turmeric futures trade higher on NCDEX

Turmeric futures traded higher on NCDEX on account of expectation of improvement in demand at physical markets in the coming days. Though, expectation of pick-up in arrivals from next month, trimmed some......

Top News

View all news

Lupin receives USFDA's approval for Sildenafil Tablets

Lupin has received approval for its Sildenafil Tablets USP, 25 mg, 50 mg, and 100 mg from the United States Food and Drug Administration (USFDA) to market a generic version of Pfizer Inc's Viagra Tablets,......

HCL features as leader in Everest Group's Cloud Enablement Services PEAK Matrix Assessment 2019

HCL Technologies (HCL) has been recognized as a leader in Everest Group's Cloud Enablement Services PEAK Matrix Assessment 2019. Everest Group assessed the global cloud enablement service providers and......

Time Technoplast bags order for supply of PE Pipes

Time Technoplast has secured an order for supply of High Quality, High Pressure PE Pipes for prestigious water supply project in India assisted by International Development Agencies. This order from India's......