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Turmeric Futures Loses Colour Tracking Spot Trade

1 Jun 2020 7:39 pm
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Mumbai (Commodities Control) – Turmeric prices were dull amid weak trading session which was reflected in futures prices as well.

June contract of turmeric on NCDEX slipped Rs 16 to close at Rs 5256/Quintal.

Erode saw arrivals of nearly 1600 bags and prices were stable. Weak arrivals and dull demand kept prices from moving either ways.

Although sellers were active in Sangli and Nanded mandis of Maharashtra.


Traders reveal that bigger traders are yet to step into the market, while masala manufacturers are directly lifting farmers’ produce from their doorstep.


       
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