Turmeric futures succumb to profit-booking\, down 0.52 per cent

Turmeric futures succumb to profit-booking, down 0.52 per cent

Press Trust of India  |  New Delhi 

Turmeric prices eased by Rs 34 to Rs 6,550 per in futures trade Wednesday as traders booked profits amid adequate stocks at the spot market.

At the National Commodity and Derivatives Exchange, Turmeric for November was trading lower by Rs 34, or 0.52 per cent, to Rs 6,550 per with an open interest of 355 lots.

However, the spice for December was trading higher by Rs 6, or 0.09 per cent, to Rs 6,630 per in 12,900 lots.

Analysts attributed the fall in turmeric prices for November to profit-booking by speculators and sufficient stocks position at the spot market.

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

First Published: Wed, November 14 2018. 12:50 IST