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Turmeric prices rise 0.53 pc on firm demand

Press Trust of India  |  New Delhi 

Turmeric prices rose 0.53 per cent to Rs 7,228 per in futures trade Monday as participants raised their positions driven by a pick-up in demand at the spot market.

On the National Commodity and Derivatives Exchange, turmeric for delivery in July contracts moved up by Rs 38, or 0.53 per cent, to Rs 7,228 per with an open interest of 6,220 lots.

Marketmen said, speculative positions created by participants driven by a strong domestic as well as export demand at the spot market mainly attributed 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, May 20 2019. 14:56 IST