Turmeric futures edged higher due to the pick up in domestic demand as well as limited arrivals.

Spot prices surged Rs 200 per quintal traded on an average of 13500 per quintal.

However better cultivation in the major growing areas ignited the expectation of increase in output in 2010-11.

As per government official estimates, area under cultivation in Andhra Pradesh and Karnataka has risen 21.5 percent and 19 percent respectively in 2010/11.

Courtesy: Geojit Comtrade Limited

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