Last Updated : February 13, 2012 17:51
NCDEX turmeric settles lower on profit taking
MUMBAI (Commodity Online): Turmeric futures fell Monday on profit taking by the traders on the back of higher production estimates.
In NCDEX turmeric February contract closed at Rs.5130 per quintal, down by 2.76 per cent against the previous close.
In the morning session the contract traded at a range of Rs.5072-5488 per quintal. Open interest of the contract stood at 12445 lots and volume traded is 19260 lots.
According to Spices Board of India, exports of Turmeric during April 2011- November 2011 stood at 58,000 tonnes as compared to 35500 tonnes in 2010-11, rise of 56%. Targets set by the Spices Board have already been met till October 2011. Exports are expected to touch new historical levels in 2011-12.
NCDEX CHANAJUN12 20 June 2012
contract was trading at
Rs 0 . What's your view on it?
