Turmeric prices rose by Rs 238 to Rs 10,450 per quintal in futures trade today due to lower arrivals against increased demand in the spot market.
At the National Commodity and Derivatives Exchange (NCDEX), turmeric prices for delivery in May rose by Rs 238, or 2.33 per cent, to Rs 10,450 per quintal, with an open interest of 4,165 lots.
Similarly, the spice for delivery in April moved up by Rs 176, or 1.64 per cent, to Rs 10,896 per quintal in 6,800 lots.
Traders attributed the rise in turmeric futures prices to low arrivals amid increased demand at the spot market.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app