Turmeric futures decline 2.45 pc on profit booking
Turmeric futures prices fell sharply by Rs 361, or 2.45 per cent to Rs 14,367 per quintal, today after speculators booked profits at existing higher levels due to subdued demand at spot markets
By PTI |
New Delhi: Turmeric futures prices fell sharply by Rs 361, or 2.45 per cent to Rs 14,367 per quintal, today after speculators booked profits at existing higher levels due to subdued demand at spot markets.
At the National Commodity and Derivatives Exchange counter, turmeric for delivery in July fell Rs 361, or 2.45 per cent to Rs 14,367 per quintal, with an open interest of 3,580 lots.
The spice for delivery in June also drifted by Rs 254, or 1.70 per cent to Rs 14,695 per quintal, with an open interest of 10,150 lots. Market analysts said profit taking by speculators and a weak trend at spot markets led to a fall in turmeric futures prices
At the National Commodity and Derivatives Exchange counter, turmeric for delivery in July fell Rs 361, or 2.45 per cent to Rs 14,367 per quintal, with an open interest of 3,580 lots.
The spice for delivery in June also drifted by Rs 254, or 1.70 per cent to Rs 14,695 per quintal, with an open interest of 10,150 lots. Market analysts said profit taking by speculators and a weak trend at spot markets led to a fall in turmeric futures prices
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