Turmeric futures trade up on strong demand

Turmeric futures traded up on NCDEX as market participants strengthened their positions on account of strong demand from domestic buyers. However, fresh selling by investors after a recent rise in prices trimmed some gains.

The contract for August delivery was trading at Rs 6980.00, up by 0.26% or Rs 18.00 from its previous closing of Rs 6962.00. The open interest of the contract stood at 10390 lots.

The contract for September delivery was trading at Rs 7046.00, up by 0.4% or Rs 28.00 from its previous closing of Rs 7018.00. The open interest of the contract stood at 7660 lots on NCDEX.

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