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Turmeric futures on the National Commodity and Derivatives Exchange Ltd (NCDEX) fell three per cent to Rs 5,840 a quintal due to lower demand from stockiest.
However, in Nizamabad spot market, it gained 0.33 per cent to Rs 5,465 a quintal on fresh export demand from Pakistan.
Rainfall in Nizamabad was reported to lower by 29 per cent as on August 14. Turmeric has been sown in 0.47 lakh hectares in Andhra Pradesh.
Arrivals in Erode and Nizamabad mandis stood at 6,000 bags (of 70 kgs each) and 2,000 bags, respectively on Tuesday.
Turmeric production for 2011-12 is projected at a historical high of 90 lakh bags compared with 69 lakh bags achieved last year. Erode is expected to produce 55 lakh bags, a rise of 29 per cent compared to the previous year.
Turmeric futures may gain marginally on expectations of fresh export orders and progress of sowing in various states.
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