Turmeric falls for 3rd day on sluggish demand

Continues its slide for the third straight day

Press Trust of India New Delhi
Last Updated : Mar 15 2013 | 3:34 PM IST
Turmeric futures for May slid by Rs 192, or 2.68%, to Rs 6,960 per quintal in 13,950 lots.     

At the National Commodity and Derivatives Exchange (NCDEx), the April declined by Rs 106, or 1.50% to Rs 6,956 per quintal in 26,960 lots.

Turmeric continued its slide for the third straight day.

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Prices fell owing to weak spot market demand amid adequate stocks position.

However, expectations of lower output this season limited the losses.
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First Published: Mar 15 2013 | 3:33 PM IST

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