Turmeric arrivals, price down

Our Corresponden

Erode, August 7

Spot turmeric prices decreased at the markets in Erode as there were limited bags offered for sale. Only 2,500 bags of turmeric arrived and 70 per cent were sold. Though the traders did not receive any fresh upcountry orders, they purchased good number of bags for their local supply as medium quality turmeric arrived for sale. Finger variety was down at the Regulated Marketing Committee by ₹300 a quintal and ₹250 a quintal at the Erode Cooperative Marketing Society, while root variety lost ₹500 and ₹200 at the Regulated Marketing Committee and at the other two markets respectively. At the Erode Turmeric Merchants Association, the finger turmeric was sold at ₹5,388-8,333 a quintal; root variety at ₹5,055-7,377. Of the 2,171 bags on offer, 897 found takers.

Published on August 07, 2018

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