Turmeric Futures Closed Lower Yesterday

Turmeric futures closed lower yesterday due to profit booking and the supply pressure in physical market. The April delivery contract in NCDEX closed down 1.86% to settled at Rs 8,232 per quintal.

Turmeric arrivals have been higher in Feb and March compared to last year as per agmarknet data. New season crop has hit the markets and continue to peak in current month but majority of arrivals are of medium quality.

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