Turmeric Futures Corrected On Tuesday

Turmeric futures corrected on Tuesday due to technical trading by the market participants. However, there is anticipation of good demand from the festival season as supplies will decrease due to slower arrivals from the last year stocks. Turmeric Nov’16 delivery contract on NCDEX closed 0.36% down to settle at Rs 7,198 per quintal. Moreover, fresh upcountry demands as festival season approaching is also supporting the prices.

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