Turmeric prices gained Rs 50 to Rs 3,726 per quintal in futures market today on speculators buying influenced by pick-up in demand in the spot market.
However, expectations of increased output this year restricted the gain.
At the National Commodity and Derivatives Exchange, turmeric for delivery in June rose by Rs 50, or 1.36%, to Rs 3,726 per quintal with an open interest of 26,025 lots.
The July contract moved up by Rs 44, or 1.16%, to Rs 3,834 per quintal in 18,985 lots.
Analysts attributed to rise in turmeric futures to pick-up in demand in the spot market.
