Tuesday, 9 September 2014

Turmeric futures trade up on NCDEX

Turmeric futures trade up on NCDEX
Sep 09,2014   11:19 Hrs IST
Turmeric futures traded higher on NCDEX as speculators created fresh positions amid hopes of rise in demand in the spot market. But, absence of buying activity following shortage of good quality arrivals from the major producing belts, capped some gains in turmeric prices to some extent.
The contract for September delivery was trading at Rs 6294.00, up by 0.80% or Rs 50.00 from its previous closing of Rs 6244.00. The open interest of the contract stood at 7255 lots.
The contract for October delivery was trading at Rs 6446.00, up by 1.13% or Rs 72.00 from its previous closing of Rs 6374.00. The open interest of the contract stood at 10980 lots on NCDEX.

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