Turmeric Futures Prices Closed Higher

Turmeric futures prices closed higher on Monday in expectation of better demand from upcountry buyers as quality turmeric supplies may increase. The Apr’16 delivery contract at NCDEX settles 2.29% higher at Rs 9,288 per quintal. New season crop has hit the markets but majority of arrivals are of medium quality turmeric. There are reports of production concern due to drought in Maharashtra and AP.

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