Turmeric futures extend losses,shed 0.97 pc

In the previous session,the spice had lost 0.58 per cent to Rs 7,830 per quintal.

Similarly,the spice for delivery in August moved down by Rs 62,or 0.79 per cent,to Rs 7,770 per quintal,with an open interest of 5,245 lots.

Traders said continuous off-loading of positions by speculators continued to put pressure on turmeric futures prices but a slowdown in sowing at Andhra Pradesh,the biggest grower of the spice,due to poor rains,capped the losses.