Turmeric On NCDEX Settled Down By -0.25% At 8140

Turmeric on NCDEX settled down by -0.25% at 8140 on profit booking after gaining due to pickup in physical demand at the spot market. The prices of turmeric is moving sideways due to mixed fundamentals of good sowing acreage coupled with dry weather conditions in growing areas. Turmeric acreage in Telangana as on 3 Aug was up 14.5% at 43,000 hectares as compared to 37,780 hectares last year.

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