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Turmeric up more than 2% on export demand

Prices rose as speculators enlarged their positions

Press Trust of India New Delhi
Turmeric futures for May gained Rs 136, or 2.03% to Rs 6,842 per quintal in 28,895 lots.     

At the National Commodity and Derivatives Exchange (NCDEX), the April contract traded higher by Rs 132, or 2.01% to Rs 6,698 per quintal in 1,260 lots.

Prices rose as speculators enlarged their positions amid rising exports demand.

Estimates of lower output this season affected the trade.
 

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First Published: Apr 08 2013 | 2:40 PM IST

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