Turmeric prices gained by Rs 64, or 0.44 per cent, to Rs 14,480 per quintal in futures trading today, as traders enlarged their positions, driven by pick up in demand at spot markets.
Restricted arrivals in the physical market also influenced the trading sentiment.
At the National Commodity and Derivatives Exchange (NCDEX), turmeric for delivery in August rose by Rs 64, or 0.44 per cent, to Rs 14,480 per quintal, with an open interest of 7,935 lots.
Similarly, the spice for delivery in September-month traded higher by Rs 50, or 0.35 per cent, to Rs 14,248 per quintal, with a business volume of 2,580 lots.
Analysts said traders enlarged their positions on a firming trend at spot markets, against restricted arrivals, which led to a rise in turmeric prices at futures trade.
