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Indian turmeric futures settled down by 2.77 percent to Rs.5130 on account of profit booking despite unfavorable weather in the market.

As per market sources, the total production of turmeric in the current year is likely at 90 lakh bags against 70 lakh bags that were reported last year in the same period.

BUY NCDEX TURMERIC (APR) ABOVE 4800 SL 4570 TGT 5500

R1 5000 R2 5300 S1 4570 S2 4400.

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