Indian Turmeric Futures Likely To Gain Further On Strong Demand

Indian turmeric futures for the April delivery ended the last session higher by 3.30% at Rs.10,054 and the open interest added 0.75% to 6,015 tonnes. Golden spice jumped on strong domestic demand and emerging export orders for Indian turmeric, despite the increasing arrivals in the Nizamabad and Erode mandies. April turmeric contract may touch the high of Rs. 10,300 and support is at Rs. 9,940

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