Turmeric rises more than 1% on spot demand
Prices rose as speculators created fresh positions
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Turmeric futures for June rose by Rs 72, or 1.11% to Rs 6540 per quintal in 14,650 lots.
At the National Commodity and Derivatives Exchange (NCDEX), the May contract gained Rs 46, or 0.72% to Rs 6,434 per quintal in 18,370 lots.
Prices rose as speculators created fresh positions due to rise in spot market demand amid estimates of lower output this season.
At the National Commodity and Derivatives Exchange (NCDEX), the May contract gained Rs 46, or 0.72% to Rs 6,434 per quintal in 18,370 lots.
Prices rose as speculators created fresh positions due to rise in spot market demand amid estimates of lower output this season.
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First Published: Apr 26 2013 | 3:01 PM IST