Turmeric Futures trade | Physical rubber prices
Turmeric futures trade mixed on NCDEX-
Turmeric futures traded mixed on NCDEX, as contract for April traded up on concerns that drought conditions and cold weather will adversely affect the production, while contract for May traded down due to diminishing export demand amid poor quality of crop.
The contract for April delivery was trading at Rs 6306.00, up by 0.06% or Rs 4 from its previous closing of Rs 6302.00. The open interest of the contract stood at 13145 lots.
The contract for May delivery was trading at Rs 6330.00, down by 0.47% or Rs 30.00 from its previous closing of Rs 6360.00.The open interest of the contract stood at 1160 lots on NCDEX.
Physical rubber prices ruled steady on Wednesday-
Physical Rubber prices ruled steady on Wednesday. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 123.50/ kg and Rs 117/ kg respectively.
In the futures market, February delivery rose to Rs 123.57 compared to its previous close of Rs 123.53, while March delivery was at Rs 125.60 compared to its previous close of Rs 125.46 on the Indian Commodity Exchange Limited (ICEX).
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