Turmeric prices fell by Rs 114 to Rs 12,516 per quintal in futures trading today, as speculators indulged in profit-booking on subdued demand in spot markets.
At the National Commodity and Derivatives Exchange counter, turmeric for November-month delivery fell by Rs 114, or 0.90 per cent, to Rs 12,516 per quintal, with an open interest of 8,625 lots.
Similarly, the spice for delivery in December delivery lost Rs 20, or 0.08 per cent, to Rs 11,180 per quintal, with an open interest of 1,040 lots.
Market analysts said emergence of profit-booking by speculators on subdued demand in the spot market led to a fall in turmeric futures prices.
