Turmeric Futures Closed Lower On Thursday Due



Turmeric futures closed lower on Thursday due to profit booking form higher levels. However, spot prices increase as traders have received upcountry orders coupled with lower arrivals too supported the prices rise. The Aug’16 delivery contract on NCDEX closed 0.41% lower to settle at Rs 8,288 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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