Turmeric prices rose by 1.83 per cent to Rs 7,088 per quintal in futures trade today as stockists engaged in fresh buying tracking up-tick in spot demand.
Besides, fall in supplies from growing regions also fuelled the up-trend.
At the National Commodity and Derivatives Exchange, turmeric for delivery in August was trading higher by Rs 130, or 1.83 per cent, to Rs 7,088 per quintal, with an open interest of 17,495 lots.
The contract for September delivery was trading at Rs 7,110, up by 1.71 per cent or Rs 120. The open interest of the contract stood at 5,985 lots.
Analysts said, fresh positions created by participants following upsurge in domestic as well as exports demand at the spot market against restricted supplies from producing regions, mainly pushed up turmeric prices at futures trade.
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