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Turmeric futures up 0.51% on spot demand

Press Trust of India  |  New Delhi 

Turmeric prices rose by 0.51 per cent to Rs 6,638 per in futures trade Monday as participants raised their positions driven by pick up in demand at the spot market.

At the National Commodity and Derivatives Exchange, turmeric for April moved up by Rs 34, or 0.51 per cent, to Rs 6,638 per with an open interest of 10,460 lots.

Marketmen said speculative positions created by participants, driven by strong domestic as well as exports demand in the spot market, mainly attributed to the rise in turmeric prices.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 14 2019. 15:55 IST