Turmeric prices went down by 0.98 per cent to Rs 7,676 per quintal in futures trade today as speculators trimmed positions amid sluggish demand in the spot market.
At the National Commodity and Derivatives Exchange, turmeric for delivery in June fell by Rs 76, or 0.98 per cent to Rs 7,676 per quintal with an open interest of 30,685 lots.
Similarly, the spice for delivery in July traded lower by Rs 72, or 0.91 per cent to Rs 7,826 per quintal in 7025 lots.
Market analysts attributed the fall in turmeric futures to subdued demand in the spot market against adequate stocks position.
