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Spot turmeric prices at Erode markets increased on Monday due to local demand. The arrivals improved to 2,700 bags and traders procured 60 per cent stocks for their local requirements. Still the traders are waiting for the upcountry demand. Because of the arrival of medium quality turmeric, the price of the finger variety increased by ₹200 a quintal and the root variety by ₹150. At the Erode Turmeric Merchants Association, the finger variety traded at ₹8,213-9,509 a quintal and the root variety at ₹7,998-8,658. Of the arrival of 625 bags, 360 were sold.
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