 "Turmeric down 1.3% on profit-booking")
Turmeric prices moved down by 1.35% to Rs 6,556 per quintal in futures market as speculators booked profits after fall in demand at prevailing levels in the spot market.
However, reports of rain damaging the crop in growing areas of South India restricted the fall.
At the National Commodity and Derivatives Exchange, turmeric for delivery in May fell by Rs 90, or 1.35%, to Rs 6,556 per quintal with an open interest of 12,565 lots.
Analysts said besides profit-bookings by speculators, fall in demand at prevailing higher levels mainly influenced turmeric prices at futures trade.
However, reports of rain damaging the crop in growing areas of South India restricted the fall.
At the National Commodity and Derivatives Exchange, turmeric for delivery in May fell by Rs 90, or 1.35%, to Rs 6,556 per quintal with an open interest of 12,565 lots.
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Likewise, the spice for delivery in April lost Rs 78, or 1.18%, to Rs 6,525 per quintal in 12,565 lots.
Analysts said besides profit-bookings by speculators, fall in demand at prevailing higher levels mainly influenced turmeric prices at futures trade.
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