Turmeric prices declined by Rs 80 to Rs 5,730 per quintal in futures trade today due to subdued local as well as overseas demand amid adequate stock availability.
At the National Commodity and Derivatives Exchange, November turmeric declined by Rs 80, or 1.38%, to Rs 5,730 per quintal, with an open interest for 1,220 lots.
The September delivery lost Rs 20, or 0.35%, to Rs 5,652 per quintal in 11,790 lots.
Analysts said subdued local as well as overseas demand and the adequate stocks position mainly put pressure on turmeric futures prices here.
