Turmeric turned weak and was trading at Rs 92 or 0.73 per cent lower at Rs 12,452 per quintal in futures market today, as speculators indulged in profit-booking.
At the National Commodity and Derivatives Exchange counter, turmeric for delivery in November declined by Rs 92, or 0.73 per cent to Rs 12,452 per quintal, with an open interest of 7,050 lots.
The spice for delivery in October month also lost Rs 44, or 0.31 per cent to Rs 13,930 per quintal, with an open interest of 10,450 lots.
Market analysts said emergence of profit-booking by speculators led to the fall in turmeric futures prices, while pick up in domestic demand, driven by festive season capped losses.
