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Turmeric spot prices up on intense demand at Nizamabad

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Turmeric is trading on a roll in the local cash markets today. In Nizamabad, the spot price of Turmeric, ex- warehouse, inclusive of Sales tax/VAT is Rs 4021.80 per quintal, recording a rise of Rs 187.40 or 4.89 percent over the previous closing price today.The commodity closed up by Rs 35.70 in the previous session.
NCDEX GARSEDJDRJUL12 20 July 2012 contract was trading at Rs 0 . What's your view on it?
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