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Turmeric: Steady In Spot, Firm In Futures

20 May 2020 7:34 pm
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Mumbai (Commodities Control) – Turmeric prices in Futures managed to recover from 6 year lows in today’s session, although it was dull day for trade in the spot markets.

NCDEX June contract of turmeric picked Rs 30 to settle at Rs 5286/Quintal, while May contract expired at Rs 5380/Quintal, Rs 80 higher.

Erode witnessed arrivals of 2000 bags today. Gatta variety in mandi was quoted at Rs 5400-5600/Quintal, while Finger variety was quoted at Rs 5800-6000/Quintal.

According to the traders demand is yet to pick up, as export demand continues to be missing.

(Commodities Control Bureau)

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