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07-Jul2017

Turmeric futures trade up on uptick in demand

Turmeric futures traded up on NCDEX on account of uptick in domestic as well export demand in the spot market. Besides, restricted supplies and slow pace of sowing in producing states also added support to turmeric prices' uptrend.

The contract for July delivery was trading at Rs 6746.00, up by 2.00% or Rs 132.00 from its previous closing of Rs 6614.00. The open interest of the contract stood at 6205 lots.

The contract for August delivery was trading at Rs 6858.00, up by 2.54% or Rs 170.00 from its previous closing of Rs 6688.00. The open interest of the contract stood at 10745 lots on NCDEX.


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