Turmeric prices were trading up by 2.57 per cent to Rs 6,308 per quintal in futures trade today as participants created positions, triggered by uptick in domestic as well export demand in the spot market.
Besides, restricted supplies from producing regions also added support to turmeric prices uptrend.
At the National Commodity and Derivatives Exchange, turmeric for delivery in July contracts was trading higher by Rs 158, or 2.57 per cent, to Rs 6,308 per quintal, with an open interest of 13,680 lots.
Similarly, the spice for delivery in August increased by Rs 156, or 2.50 per cent, to Rs 6,384 per quintal in 2,650 lots.
Analysts said fresh positions built up by participants following upsurge in domestic as well as export demand in the spot market against restricted supplies from producing regions mainly pushed up turmeric prices at futures trade.
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