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New Delhi, May 17 (PTI) Turmeric prices lost Rs 259 or 1.78 per cent to Rs 14,300 per quintal in futures trade today, as traders booked profits at existing higher levels. Increased arrivals in the physical market also put pressure on the prices. At the National Commodity and Derivatives Exchange counter, turmeric for delivery in August-month contract dropped by Rs 259, or 1.78 per cent to Rs 14,300 per quintal, with an open interest of 130 lots. The spice for delivery in May also fell by Rs 187, or 1.24 per cent to Rs 14,870 per quintal, with an open interest of 4,140 lots. Market analysts said, emergence of profit booking by speculators at higher price levels mainly led to a decline in turmeric futures prices.
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