Turmeric futures down on profit-booking

NEW DELHI: Turmeric prices fell by Rs 116 to Rs 5,718 per quintal in futures trade on Monday as speculators booked profits at current levels.

Subdued demand from local and overseas customers in the spot markets mainly pulled down turmeric futures prices, traders said.

At the National Commodity and Derivatives Exchange, turmeric for delivery in May fell by Rs 116, or 2 per cent, to Rs 5,718 per quintal, with an open interest of 585 lots.

Likewise, the spice for delivery in June lost Rs 76, or 1.30 per cent, to Rs 5,762 per quintal, with an open interest of 26,105 lots.