Turmeric up on export demand, rise over 2%

Image
Press Trust of India New Delhi
Last Updated : Feb 06 2013 | 2:21 AM IST

Turmeric prices moved up by Rs 2.10% to Rs 5,354 per quintal in futures market today, on buying by traders, driven by some overseas demand.

At the National Commodity and Derivatives Exchange, October turmeric rose by Rs 110, or 2.10%, to Rs 5,354 per quintal, with a trade volume of 5,390 lots.

The November contract gained Rs 100, or 1.87%, to Rs 5,444 per quintal, with an open interest of 10,480 lots.

Market analysts said some overseas as well as domestic demand, helped turmeric futures prices to rise.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Oct 13 2011 | 2:24 PM IST

Next Story