Turmeric prices rose by 1.12 per cent to Rs 7,400 per quintal in futures trade today after participants built up fresh positions on the back of pick up in domestic and export demand.
Restricted supplies from growing regions also fuelled the upward movement.
At the National Commodity and Derivatives Exchange, turmeric for delivery in September was trading higher by Rs 82, or 1.12 per cent, to Rs 7,400 per quintal with an open interest of 9,650 lots.
The spice for delivery in August also increased by Rs 56, or 0.76 per cent, to Rs 7,390 per quintal in an open interest of 13,895 lots.
Analysts said, fresh positions created by participants following the upsurge in domestic as well as export demand at the spot market against restricted supplies from producing belts pushed up turmeric futures.
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