NCDEX Turmeric futures witnessed bearish trend tracking higher availability
of stocks in the market. They opened positive note however trade in
negative note for major parts during previous trading session.
- April contract closed the trade at Rs.8460/quintal, down by 3.82%
from its previous close. We continue to sell Turmeric futures during
today’s trading session. Increase in stocks in the spot markets
amid moderate demand may weigh negative sentiments on the market.