Turmeric Cutures Continue

Turmeric futures continue to trade in negative bias since last week of Aril 2015 on reports of forecast of good rains in turmeric growing area in south India. The Jun delivery contract on NCDEX closed 0.65% lower to settle at Rs 7,954 per quintal. The price trend is looking mostly sideways to lower as market participants anticipating good sowing in next season on forecast of good rains.

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