Monday, November 29, 1999

Turmeric remains lower on profit booking

News posted by www.newsinfoline.com

New Delhi, May 5 (PTI) Turmeric prices fell further by Rs 123, or 0.83 per cent to Rs 14,621 per quintal in futures trade today on continued profit booking by speculators at existing higher levels. On the National Commodity and Derivatives Exchange counter, turmeric for delivery for delivery in June fell by Rs 123, or 0.83 per cent to Rs 14,621 per quintal, with an open interest of 7,410 lots. Similarly, the spice for delivery in May contract fell by Rs 123, or 0.82 per cent to Rs 14,870 per quintal, with an open interest of 10,190 lots. Market analysts said, emergence of profit booking at existing higher prices by speculators, led to a decline in the turmeric prices at futures market here.

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