Turmeric futures traded higher on NCDEX on account of arrival of good quality turmeric from the producing belts. Though, some gains were capped due to subdued demand from stockists and traders at the spot market.
The contract for April delivery was trading at Rs 8364 .00, up by 2% or Rs 164.00 from its previous closing of Rs 8200.00. The open interest of the contract stood at 17645 lots.
The contract for May delivery was trading at Rs 8480 .00, up by 2% or Rs 166.00 from its previous closing of Rs 8314.00. The open interest of the contract stood at 5140 lots on NCDEX.