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Turmeric prices rise on positive demand

Press Trust of India  |  New Delhi 

Turmeric prices rose by 3.33 per cent to Rs 6,952 per in futures trade Wednesday as participants raised their positions driven by pick-up in demand at the spot market.

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

On the National Commodity and Derivatives Exchange, turmeric for delivery in June contracts moved up by Rs 224, or 3.33 per cent, to Rs 6,952 per with an open interest of 13,120 lots.

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

First Published: Wed, May 15 2019. 15:10 IST