Turmeric prices rose by 1.88 per cent to Rs 7,474 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 138, or 1.88 per cent, to Rs 7,474 per quintal with an open interest of 11,310 lots.
The spice for delivery in August also increased by Rs 102, or 1.39 per cent, to Rs 7,396 per quintal in an open interest of 12,645 lots.
Analysts said fresh positions created by participants following an 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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