Turmeric prices were up by 1.87 per cent to Rs 8,182 per quintal in futures trading today as traders created speculative positions, triggered by pick up in demand in the spot market.
Besides, tight stocks position on restricted supplies from producing belts supported the upside.
At the National Commodity and Derivatives Exchange, turmeric for delivery in October rose Rs 150, or 1.87 per cent, to Rs 8,182 per quintal, with an open interest of 2,285 lots.
Similarly, the spices for delivery in November moved up by Rs 140, or 1.70 per cent, to Rs 8,352 per quintal in 21,325 lots.
Analysts said apart from a firm trend at spot market on rising demand, restricted supplies from growing regions led to rise in turmeric prices at futures trade.
