Turmeric prices were up by 1.07 per cent to Rs 7,210 per quintal in futures trade today as participants enlarged positions, driven by pick up in demand at the spot market.
Further, restricted arrivals in the market due to rainfall in the producing belts of Maharashtra, Andhra Pradesh and Tamil Nadu also added support to turmeric prices' uptrend.
At the National Commodity and Derivatives Exchange, turmeric for delivery in October rose by Rs 76, or 1.07 per cent, to Rs 7,210 per quintal, with an open interest of 13,425 lots.
Similarly, the spice for delivery in November moved up by Rs 72, or 1.00 per cent, to Rs 7,250 per quintal in 8,290 lots.
Analysts said fresh positions created by traders due to pick-up in demand in the spot market against restricted supplies from producing regions mainly pushed up the turmeric prices at futures trade.
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