Turmeric prices rose by 0.88 per cent to Rs 7,296 per quintal in futures trade today after participants built up fresh positions on the back of pick up in domestic and exports demand.
Restricted supplies from growing regions also fuelled the upward movement.
At the National Commodity and Derivatives Exchange, turmeric for delivery in September was trading higher by Rs 64, or 0.88 per cent, to Rs 7,296 per quintal with an open interest of 13,370 lots.
The spice for delivery in the current month contract also increased by Rs 56, or 0.77 per cent, to Rs 7,240 per quintal in an open interest of 10,945 lots.
Analysts said, fresh positions created by participants following the upsurge in domestic as well as exports demand at the spot market against restricted supplies from producing belts pushed up turmeric futures.
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