Commodity Market Tips: Turmeric Futures Exhibit Mixed Trend On NCDEX

Turmeric futures showed mixed trend on NCDEX as the November contracts traded lower on expectation of good production in the coming season due to rains in turmeric sowing areas, while December contracts traded higher on rising demand from the institutional buyers at the spot market.

The contract for November delivery was trading at Rs 7062.00, down by 0.11% or Rs 8.00 from its previous closing of Rs 7070.00. The open interest of the contract stood at 3735 lots.

The contract for December delivery was trading at Rs 7060.00, up by 0.06% or Rs 4.00 from its previous closing of Rs 7056.00. The open interest of the contract stood at 4555 lots on NCDEX.

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