Turmeric prices rose 1.22 per cent to Rs 7,106 per quintal in futures trading today as participants built up fresh positions, mainly driven by uptick in domestic and export demand.
Besides, restricted supplies from producing regions supported the turmeric prices up move.
At the National Commodity and Derivatives Exchange, turmeric for delivery in May was trading higher by Rs 86, or 1.22 per cent, to Rs 7,106 per quintal with an open interest of 11,330 lots.
The spice for delivery in June also increased by Rs 60, or 0.84 per cent, to trade at Rs 7,150 per quintal, in
an open interest of 5,630 lots.
Analysts said fresh positions created by participants following upsurge in domestic as well as export demand at the spot market against restricted supplies from producing regions, mainly pushed up turmeric prices at futures trade.
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