Turmeric arrivals in the Nizamabad mandi were stable at 500 bags with prices quoting steady at Rs 15,100 per 100 kg for the finger variety. Arrivals in the Erode mandi slightly enhanced to 3,500 bags from 2,000 bags and the commodity quoted at Rs14,700- 14,800 per 100 kg. Turmeric quoted in the Salem mandi at Rs 15,000 per 100 kg. In the Nanded mandi, select quality quoted at Rs 15,400 and the Powder quality quoted at Rs 15,000 per 100 kg. Rajpuri and Desi kadappa quoted at Rs 16,000, downhill Rs 100 and at Rs 15,200 per 100 kg in Sangli.
Turmeric for the November delivery on NCDEX traded in the range of Rs 12932-Rs 12830 per 100 kg, in the futures market. The contract is presently trading superior at Rs 12854, downhill Rs 4 per 100 kg from the previous close. The open interest hollow 0.89 percent, representing short covering.
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