The Hindu Business Line : Pak import move lifts turmeric futures

Mumbai March 30 Turmeric futures on NCDEX increased by 2.41 per cent to Rs 2,338 per quintal on Pakistan's decision to import 2,500 tonnes. Pepper futures gained 3.18 per cent to Rs 13,838 per quintal on the back of strong international prices. Domestic spot prices were up by Rs 300 to Rs 13,400 per quintal.

Chilli futures rose 2.27 per cent to Rs 5,455 per quintal even as spot markets remained closed for the financial year-end. Chana futures were up 2.08 per cent to Rs 2,408 per quintal on firm spot prices, which were up by Rs 30 to Rs 2,530 per quintal.

Jeera futures gained 0.8 per cent to Rs 12,913 on reports of crop damage due to recent rains in the north. Kapaskhali futures for April delivery on MCX were up 1.27 per cent to Rs 399 per 50 kg.

Potato drops

Potato Tarkeshwar and Agra futures on MCX were down 1 per cent and 0.93 per cent to Rs 586 and Rs 563 per quintal respectively. Though the potato arrivals were more by 30 truck loads to 120 (each truck carries 9-10 tonnes), there was no demand from cold storages as most of them were fully stocked up. Caradamom and maize futures closed flat.

The MCX registered a turnover of Rs 3,490 crore up to 5 p.m. (Rs 11,975 crore, at 11.30 p.m.) on 50,255 trades (165,935).

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