Turmeric prices moved down by Rs 136, or 1 per cent, to Rs 13,420 per quintal in futures market today, as speculators off-loaded positions with a view to book profits.
At the National Commodity and Derivatives Exchange counter, turmeric for delivery in October declined by Rs 136, or one per cent, to Rs 13,420 per quintal, with an open interest of 8,815 lots.
The spice for delivery in far-month November also lost Rs 102, or 0.80 per cent, to Rs 12,600 per quintal, with an open interest of 5,380 lots.
Market analysts said besides profit-taking by speculators as prices surged over 10 per cent in the past week, expectations of higher output, also influenced the turmeric prices at futures market here.
