Turmeric slides for want of demand

Our Corresponden

Erode, August 23

For want of demand the price of the turmeric decreased further. Expecting good crop in the next year many farmers have decided to liquidate their stock brought the same for sale to the market. The traders quoted decreased price are buying limited stock for their local demands, said Krishnamurthy a trader. Regarding the price , finger turmeric decrease by ₹450 a quintal at the Erode Turmeric Merchants Association Sales yard and ₹100 of root variety. In other markets also the price of the both varieties was in decreased trend and at the Regulated Marketing Committee the root variety was decreased by ₹250 a quintal.

Published on August 23, 2018

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