Supported by low-level buying due to diminishing stocks at the spot markets, turmeric prices gained by Rs 226, or 1.63 per cent, to Rs 14,080 per quintal in futures trade today.
However, higher sowing of the spice capped gains.
At the National Commodity and Derivatives Exchange (NCDEX), turmeric for delivery in August rose by Rs 226, or 1.63 per cent, to Rs 14,080 per quintal, with an open interest of 8,160 lots.
It had gained 0.87 per cent at Rs 13,854 per 100 kg in the previous session.
Similarly, the spice for delivery in September-month traded higher by Rs 122, or 0.90 per cent, to Rs 13,684 per quintal, with a business volume of 3,390 lots.
Analysts said traders enlarged their positions, triggered by low-level buying activity at the spot market on diminishing stocks attributed to the rise in turmeric prices at the futures market here.
