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Turmeric futures rose by Rs 32 to Rs 7,296 per quintal in futures trade today as traders created fresh positions, supported by better trend at the spot market.
At the National Commodity and Derivatives Exchange, turmeric for delivery in July rose by Rs 32 or 0.44 per cent to Rs 7,296 per quintal, with an open interest of 6,550 lots.
Similarly, the spice for delivery in June gained Rs 30 or 0.41 per cent to Rs 7,282 per quintal, with an open interest of 5,830 lots.
Traders said fresh buying on the back of pick up in spot market demand led to the rise in turmeric futures price.
However, weak export demand restricted the commodity’s gains.
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