Business Standard

Turmeric down 2% on profit-booking

Prices fell as speculators booked profits at current levels

Press Trust of India New Delhi
Turmeric futures for May fell by Rs 116, or 2%, to Rs 5,718 per quintal in 585 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the June contract lost Rs 76, or 1.30%, to Rs 5,762 per quintal in 26,105 lots.

Prices fell as speculators booked profits at current levels.

Subdued demand from local and overseas customers in the spot markets mainly pulled down turmeric futures prices.

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First Published: May 13 2013 | 2:59 PM IST

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