Turmeric prices fell by Rs 108, or 0.81 per cent, to Rs 13,302 per quintal in futures trading today, as speculators booked profits due to subdued demand in the spot market.
Expectations of good crop this season also put pressure on the prices.
At the National Commodity and Derivatives Exchange counter, turmeric for October delivery declined by Rs 108, or 0.81 per cent, to Rs 13,302 per quintal, with an open interest of 510 lots.
Similarly, the spice for delivery in August-month lost Rs 44, or 0.32 per cent, to Rs 13,918 per quintal, with a business turnover of 6,660 lots.
Market analysts said profit booking by speculators, sluggish demand in the spot market led to a fall in turmeric prices at futures trade.
