Turmeric Futures Closed Higher On Wednesday

Turmeric futures closed higher on Wednesday tracking physical demand as traders have received upcountry orders. Moreover, lower arrivals too supported the prices rise. The Aug’16 delivery contract on NCDEX closed 0.34% higher to settle at Rs 8,322 per quintal. The arrivals in the main physical markets such as Nizamabad, Duggirala (AP), Salem, Erode and Sangli reported decreasing compared to last week.

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