Last Updated : March 12, 2010 17:10
Turmeric on fire, gain by 4% in futures
Spot prices at the major domestic mandis were quoted at higher rates amidst better arrivals and offtakes on Thursday.
Domestic mandis in Erode and Nizamabad are witnessing slightly lower arrivals of around 10000 bags as compared to 18000 bags in the previous week.
Demand from the local stockiest has improved ahead of marriage season.
Turmeric futures continued their upward move and hit the upper circuit of 4% and ended the day at high on Thursday.
Spread between the Apr and May contract is at 106
Courtesy: Angel Commodities
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MCX ATF 24 February 2012
contract was trading at
Rs 7505 . What's your view on it?
