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Turmeric futures rise 1.05 pc on spot demand

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Press Trust of India New Delhi
Last Updated : Feb 13 2014 | 1:19 PM IST
Turmeric rose 1.05 per cent to Rs 7,302 per quintal in futures trading today due to pick up in demand in the spot market against tight supplies.
At the National Commodity and Derivatives Exchange, turmeric for delivery in far-month April rose by Rs 76, or 1.05 per cent to Rs 7302 per quintal with an open interest of 18,285 lots.
Similarly, the spice for delivery in May moved up by Rs 70, or 0.96 per cent to Rs 7,336 per quintal in 4360 lots.
Market analysts attributed the rise in turmeric futures to pick up in demand in spot markets against restricted supplies from producing region.

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First Published: Feb 13 2014 | 1:19 PM IST

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