Turmeric moves up in futures trade on better demand
At the National Commodity and Derivatives Exchange, turmeric for delivery in August month rose by Rs 60, or 1.30 per cent to Rs 4672 per quintal
By PTI |
NEW DELHI: Turmeric prices moved up by Rs 60 to Rs 4,672 per quintal in futures trade today as speculators created fresh positions, driven by an improvement in demand in the spot market.
At the National Commodity and Derivatives Exchange, turmeric for delivery in August month rose by Rs 60, or 1.30 per cent to Rs 4672 per quintal with an open interest of 7460 lots.
Similarly, the spice for delivery in September contract edged up by Rs 58, or 1.24 per cent to Rs 4,726 per quintal in 21,295 lots.
Market analysts said speculators created fresh positions after demand improved in the spot market mainly led to rise in rise in turmeric prices at futures trade.
At the National Commodity and Derivatives Exchange, turmeric for delivery in August month rose by Rs 60, or 1.30 per cent to Rs 4672 per quintal with an open interest of 7460 lots.
Similarly, the spice for delivery in September contract edged up by Rs 58, or 1.24 per cent to Rs 4,726 per quintal in 21,295 lots.
Market analysts said speculators created fresh positions after demand improved in the spot market mainly led to rise in rise in turmeric prices at futures trade.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Silver slides Rs 2,577 to Rs 2.38 lakh/kg in futures trade2026-04-24T08:41:01Z- S&P 500, NASDAQ, and Dow Jones futures trade near flat line as US stock futures see little change after Wall Street makes a positive start to the holiday-shortened trading week2025-12-23T03:30:36Z
- S&P 500, Dow Jones and NASDAQ futures see a slight fall as US stock futures trade near flatline, Wall Street ends day on mixed note; check key indexes and what lies ahead2025-12-16T03:19:57Z
ADVERTISEMENT
