Turmeric futures prices fell by Rs 124 to Rs 6,146 per quintal today as speculators booked profits at existing high levels amid sluggish demand in the spot market.
At the National Commodity and Derivatives Exchange, October turmeric fell by Rs 124, or 1.98%, to Rs 6,146 per quintal, with an open interest for 2,685 lots.
September delivery declined by Rs 102, or 1.65%, to Rs 6,064 per quintal, with a business turnover of 11,330 lots.
Market analysts said besides profit-booking by speculators at existing high levels, sluggish demand in the spot market mainly led to the fall in turmeric prices in futures trade.