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Turmeric down 0.7% on increased supplies

Adequate stocks affected the turmeric futures trade

Press Trust of India New Delhi
Turmeric futures for May fell by Rs 46, or 0.69% to Rs 6,662 per quintal in 18,630 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the April contract lost Rs 40, or 0.60% to Rs 6,574 per quintal in 19,055 lots.

Prices went down as speculators reduced their holdings on increased supplies at spot market against sluggish demand.
 

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First Published: Mar 25 2013 | 2:24 PM IST

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