Turmeric futures edged lower on NCDEX due to the arrival of medium variety turmeric at the spot market. Though, some losses were capped by local demand at Erode markets.
The contract for December delivery was trading at Rs 9540.00, down by 0.25% or Rs 24.00 from its previous closing of Rs 9564.00. The open interest of the contract stood at 1255.00 lots.
The contract for April delivery was trading at Rs 10536.00, down by 0.27% or Rs 28.00 from its previous closing of Rs 10564.00. The open interest of the contract stood at 22655.00 lots on NCDEX.