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17-May2018

Turmeric futures trade moderately lower on NCDEX

Turmeric futures traded moderately lower on NCDEX as participants indulged in trimming holdings in tune with weak sentiments in physical markets. Meanwhile, mounting stocks on relentless supplies from growing regions also kept the prices down in future market.

The contract for June delivery was trading at Rs 7330.00, down by 0.52 % or Rs 38.00 from its previous closing of Rs 7368.00. The open interest of the contract stood at 15530 lots.

The contract for July delivery was trading at Rs 7414.00, down by 0.51 % or Rs 38.00 from its previous closing of Rs 7452.00. The open interest of the contract stood at 6000 lots on NCDEX.


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