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Mumbai March 26 Good buying by stockists coupled with export demand helped chilli futures on NCDEX hit the upper circuit of 6 per cent at Rs 5,245 per quintal.

"Though the arrivals were higher at 1 lakh bags against 60,000-80,000 bags through last week, spot prices in the Guntur markets were up at Rs 4,800 per quintal against Rs 4,700 on Saturday on good demand from stockists," said a trader.

Turmeric futures were up 3.86 per cent to Rs 2,260 per quintal on speculative buying. Falling by over Rs 200 per quintal in the morning session, pepper futures closed with a gain of 2.32 per cent at Rs 13,415 per quintal. Castorseed futures were up 1.2 per cent to Rs 411 per 20 kg.

Cardamom gains

Cardamom futures on MCX rose 0.98 per cent to Rs 485 per kg as arrivals dropped to 20,000 kg against 40,000-45,000 kg in the last fortnight.

Guarseed, maize and refined soy oil futures closed marginally down.

NCDEX registered a turnover of Rs 2,865 crore up to 5 p.m. (Rs 2,009 crore, at 11.30 p.m.) on 92,920 trades (64,020).

Active trading was seen in chana, pepper, guarseeds, refined soya oil and jeera.

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