Futures contracts of turmeric hit the 2% upper circuit on NCDEX today, and continued to rise, because of higher demand from overseas buyers. Acreage in Tamil Nadu, a major producer of turmeric, is likely to fall due to deficient rains in the state, which also supported prices. Tamil Nadu received 1.1 mm of rainfall on Tuesday, 46% below normal, according to IMD
Source : Newswire
More will update soon!!
