Spot Market Update: Turmeric Lax On Lack Of Buying

Turmeric prices stayed lax after the recent correction amid lack of buying. Arrivals are tepid in Turmeric and export demand is holding up. Decent bargain buying supported Turmeric in spot markets of late as prices had tested near eight month low before edging up. The ready market quotes are hovering around Rs 7260 per quintal, almost unchanged on the day.