Turmeric futures edge higher on NCDEX

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spicemarketnews_turmeric_098_640x480Turmeric futures edged higher on NCDEX on active buying support from traders and stockists at the spot market. However, higher arrivals from the producing belts and poor upcountry demand, capped some gains.

The contract for December delivery was trading at Rs 9206.00, up by 0.94% or Rs 86.00 from its previous closing of Rs 9120.00. The open interest of the contract stood at 18445.00 lots.

The contract for April delivery was trading at Rs 9846.00, up by 0.86% or Rs 84.00 from its previous closing of Rs 9762.00. The open interest of the contract stood at 17910.00 lots on NCDEX.

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