Last Updated : March 18, 2010 14:20
Turmeric gains significantly
Spot prices at the major domestic mandis were quoted at higher rates due to better offtakes by the stockists on Wednesday.
Domestic mandis in Erode and Nizamabad are witnessing improved arrivals of around 20000 and 12000 bags in Erode and Nizamabad mandis respectively.
Demand from the local stockists has improved in anticipation of further rise in the prices in the coming days.
Turmeric futures continued their upward move since the beginning of the session and ended the day on the upper freeze for the day on Tuesday.
Spread between the Apr and May contract is at -26.
Courtesy: Angel Commodities World events analysis and how they affect Markets
MCX ALUMINIUM 30 April 2012
contract was trading at
Rs 111.8 , up Rs. 2.8 . What's your view on it?