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Turmeric rose by Rs 54 to Rs 7,274 per quintal in futures trading today on pick up in demand in the spot market against restricted arrivals.
At the National Commodity and Derivatives Exchange, turmeric for delivery in August rose by Rs 54 or 0.75 per cent to Rs 7,274 per quintal, with an open interest of 4,620 lots.
Similarly, the spice for delivery in July gained Rs 32 or 0.44 per cent to Rs 7,306 per quintal, with a business turnover of 8,845 lots.
Traders said pick up in spot market demand against less arrivals led to the rise in turmeric futures prices.
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