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Indian-Commodity  :  Commodity-Market  :  Turmeric  :  Turmeric futures rise on improved demand

Turmeric futures rise on improved demand (14-Sep-2012)

Turmeric futures traded up on NCDEX as the speculators enlarged their positions. Lower production of the commodity and limited supply in the physical market following improved overseas enquiries has supported the price.

The contract for September delivery was trading at Rs 6034.00, up by 0.40% or Rs 24.00 from its previous closing of Rs 6010.00. The open interest of the contract stood at 9850 lots.

The contract for October delivery was trading at Rs 5794.00, up by 1.68% or Rs 96.00 from its previous closing of Rs 5698.00. The open interest of the contract stood at 16660 lots on NCDEX.


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