Turmeric Futures Closed Little Lower On Friday

Turmeric futures closed little lower on Friday as sowing progressing well in South India. The Aug’16 delivery contract on NCDEX closed 0.20% lower to settle at Rs 7,986 per quintal. Earlier, prices were in uptrend on reports of forecast of tight supplies and good demand from the stockists. 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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