Turmeric prices were up 0.77 per cent to Rs 6,730 per quintal in futures trading Tuesday as participants indulged in widening their portfolios, driven by uptick in domestic and export demand.
Besides, restricted supplies from growing regions also supported the upward movement of turmeric prices.
At the National Commodity and Derivatives Exchange, turmeric for delivery in October was trading higher by Rs 52, or 0.77 per cent, to Rs 6,730 per quintal with an open interest of 11,635 lots.
The spice for delivery in the current month was also trading higher by Rs 48, or 0.73 per cent, at Rs 6,574 per quintal, in an open interest of 1,795 lots.
Analysts said raising of positions 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 in futures trade.
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