Turmeric prices were up by 1.98 per cent to Rs 7,286 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 also supported the turmeric prices up move.
At the National Commodity and Derivatives Exchange, turmeric for delivery in the current month was trading higher by Rs 142, or 1.98 per cent, to Rs 7,286 per quintal with an open interest of 10,480 lots.
The spice for delivery in far-month June also increased by Rs 136, or 1.88 per cent, was trading at Rs 7,356 per quintal, in an open interest of 7,790 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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