The Hindu Business Line : Turmeric futures gain on positive signals

Mumbai, Aug. 28 Continuing its bullish trend, turmeric futures in NCDEX on Thursday gained 3.39 per cent to Rs 3,840 a quintal on positive signals from the spot market in Nizamabad. Barley was up 2.38 per cent at Rs 1,200 a quintal on firm prices in the Jaipur spot market coupled with fresh buying at lower levels.

Maize jumped 2.64 per cent at Rs 990 a quintal on higher minimum support price proposed by the Government. Sugar rose 0.68 per cent at Rs 1,766 a quintal on increased buying interest.

Jeera drops

Jeera fell 1.08 per cent at Rs 11,590 a quintal tracking the weak spot markets. Chilli was down 0.92 per cent at Rs 5,294 a quintal. Cocud slipped 0.86 per cent at Rs 509 per 50 kg due to long liquidation.

In MCX, crude palm oil was down 0.62 per cent at Rs 370 per 10 kg in line with weak global market and sluggish demand.

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