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17-Dec2018

Turmeric futures trade lower on rise in arrivals

Turmeric futures traded lower on NCDEX, with liquidation of bets counting on increased arrivals from growing regions and dip export demands. During the November, arrivals of turmeric have been higher at 12,067 tonne, compared to 9,547 tonne last year.

The contract for April delivery was trading at Rs 6860.00, down by 0.78% or Rs 54.00 from its previous closing of Rs 6914.00.The open interest of the contract stood at 14450 lots on NCDEX.


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