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Spot Turmeric Rules Steady To Firm On Good Demand

15 May 2019 8:11 pm
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MUMBAI (Commoditiescontrol) - Spot turmeric prices ruled steady to firm by up to Rs 200 per 100kg at major markets in Andhra Pradesh, Maharashtra and Tamil Nadu on Wednesday amid good demand for the new crop.

Turmeric futures edged higher on NCDEX as market participants are optimistic about demand in the physical markets ahead. Though, at the same time, expectations of pick-up in arrivals from next month limited the upside.

At the National Commodity and Derivatives Exchange (NCDEX), turmeric for June delivery traded higher by Rs 268, or 3.98 percent, at Rs 6,996 per quintal with an open interest of 16,815 lots.

Commodity

Market

Verity

Min (100/Kg)

Max (100/Kg)

Arrival

Bag Weight

Turmeric

Nizamabad

Gattha

6100

6300

6000

60 kg

Turmeric

Nizamabad

Finger

6500

6600

60 kg

Turmeric

Nizamabad

D P Finger

7100

7200

60 kg

Turmeric

Nizamabad

D P Gattha

6900

7000

60 kg

Turmeric

Duggirala

Gattha

5500

5800

600

70 kg

Turmeric

Duggirala

Finger

5500

5800

70 kg

Turmeric

Sangli

Kadapa

5800

6400

12000

70 kg

Turmeric

Sangli

Rajapuri

7000

8300

70 kg

Turmeric

Kesamudram

Gattha

5600

5800

12000

75 kg

Turmeric

Kesamudram

Finger

5900

6100

75 kg

Turmeric

Erode

Finger

6800

7200

5000

75 kg

Turmeric

Erode

Gattha

6300

6700

75 kg

(By Commoditiescontrol Bureau)


       
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