Wednesday, Turmeric did a good business. Turmeric is targeted to trade at Rs. 3029 quintal, which is higher by 0.71 percent on 12.25 IST against the previous close. whereas Soyabean futures might gather some strength at lower levels in the wake of strong crushing demand in major mandies along with receding supplies in major mandies. Consequently, the NCDEX December Benchmark contract gained almost Rs25 per quintal in the last two days to trade at Rs. 2270 per quintal. Technically, prices are likely to test Rs. 2285-2290 per quintal at higher levels while supports are likely at Rs. 2235-2240 per quintal at lower levels.
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