Thursday, 5 May 2011
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Turmeric declines on arrival pressure
NEW DELHI, MAY 5: Turmeric prices moved down by 0.71 per cent to Rs 8,444 a quintal in futures trade today following arrival pressure from new season crop in the physical market against sluggish demand. At the National Commodity and Derivatives Exchange, turmeric for delivery in May shed Rs 60, or 0.71 per cent to Rs 8,444 per quintal, with an open interest of 13,720 lots. Similarly, the
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