Turmeric futures surge 0.12 pc on spot demand

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Press Trust of India New Delhi
Last Updated : Nov 27 2018 | 12:50 PM IST

Turmeric prices were trading up by 0.12 per cent to Rs 6,414 per quintal in futures trade Wednesday as participants built up fresh positions, mainly driven by uptick in domestic and export demand in the spot market.

Besides, limited arrivals from major producing regions fuelled the uptrend.

At the National Commodity and Derivatives Exchange, turmeric for delivery in December was trading higher by Rs 30, or 0.46 per cent, to Rs 6,526 per quintal with an open interest of 1,195 lots.

Similarly, the spice for delivery in far-month April 2019 increased by Rs 4, or 0.06 per cent, to Rs 6,470 per quintal, in an open interest of 12,490 lots.

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First Published: Nov 27 2018 | 12:50 PM IST

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