Turmeric futures prices rose by Rs 82 to Rs 3,748 per quintal in futures trading today as participants enlarged their positions amid a firming trend at spot market on rising demand.
Also, restricted supplies from producing belts also influenced turmeric futures here.
At the National Commodity and Derivatives Exchange, turmeric for delivery in July rose by Rs 82, or 2.24%, to Rs 3,748 per quintal, with an open interest of 38,170 lots.
The June contract up by Rs 72, or 2.03%, to Rs 3,626 per quintal, with an open interest of 1,575 lots.
Analysts said the rise in turmeric futures was mainly due to pick-up in demand in the spot markets amid fall in arrivals from producing regions.
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