NEW DELHI, June 20: Turmeric prices rose 1.26 per cent to Rs 7,364 per quintal in futures trading today as participants built up fresh positions, driven by uptick in domestic and export demand.
Restricted supplies from producing regions also supported the prices.
At the National Commodity and Derivatives Exchange, turmeric for delivery in July was trading higher by Rs 92, or 1.26 per cent, to Rs 7,364 per quintal with an open interest of 13,760 lots.
The spice for delivery in far-month August contract also climbed by Rs 86, or 1.16 per cent, at Rs 7,440 per quintal, in an open interest of 6,990 lots.
Analysts said fresh positions created by participants following upsurge in domestic as well as export demand at the spot market against restricted supplies from producing regions mainly pushed up turmeric prices at futures trade. (PTI)
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