Turmeric prices fell by Rs 90 to Rs 5,042 per quintal in futures trade today as speculators offloaded their positions fuelled by weak export demand.
Besides, hopes of increased supplies on arrival of the new season crop also put pressure on turmeric futures.
At the National Commodity and Derivatives Exchange, the Dceember contract for turmeric fell by Rs 90, or 1.75%, to Rs 5,042 per quintal with an open interest of 18,460 lots.
The April contract declined by Rs 54, or 0.97%, to Rs 5,538 per quintal in 4,655 lots.
Marketmen said offloading of positions by speculators driven by weak export demand against adequate stocks position led to the fall in turmeric prices at futures trading.