No takers for 55% of turmeric arrivals

The farmers are in worry about the very poor sale of turmeric.

“For want of upcountry demand, the exporters and other turmeric

traders quoting decreased price buying negligible number of bags, but

the stockists are buying some stocks. The Erode exporters due to

availability of semi-polished turmeric at Nozamabad at lower price of

Rs 5200 a quintal have purchased some stocks. But now they also

stopped the buying for want of demand from North India and also local

demands. Still the semi-polished turmeric is available at Rs 5200 a

quintal at Nizamabad”, said R.K.V. Ravishankar, President, Erode

Turmeric Merchants Association.

He said the traders are suffering with very poor sale and the farmers

are affected for low price. He said every trader is waiting for orders

and by the end of this month they may get reasonable upcountry orders

for the yellow spice.

He added that the sale in all the turmeric centres in India like

Sangli, Nizamabad and Erode are very poor. Of the arrival of 2989 bags

of turmeric on Tuesday, only 45 percent of the stocks were sold. Due

to arrival of fine variety hybrid turmeric, the price was increased by

Rs 200 a quintal. Similarly due to arrival of quality turmeric in

Gobichettipalayam Cooperative Marketing Society the finger variety was

increased by Rs 150 a quintal.In the Regulated market the stockists

have procured more than 400 bags of turmeric.

The turmeric grower farmers said for their day to day expenses they

require money, so selling their turmeric at decreased price.

At the Erode Turmeric Merchants Association Sales yard, the finger

variety was sold at Rs 4299 to Rs 6379 a quintal, root variety Rs 4196

to Rs 5569 a quintal.

Salem Hybrid Crop: The finger verity was sold at Rs 5309 to Rs 6700 a

quintal, root variety Rs 5130 to Rs 5711 a quintal.

At the Regulated Market Committee, the finger variety was sold at Rs

5426 to Rs 6469 a quintal, root vareity Rs 5169 to Rs 6006. Of the

arrival of 635 bags of turmeric 634 bags sold.

At the Erode Cooperative Marketing Society finger variety was sold at

Rs 5269 to Rs 6386 a quintal, root variety Rs 5169 to Rs 5721 a

quintal. All the 207 bags of turmeric arrived for sales were sold.

At Gobichettipalayam Agricultural Cooperative Marketing Society finger

variety was sold at Rs 5300 to Rs 6491 a quintal, root variety Rs 5018

to Rs 5800 a quintal. Of the arrival of 95 bags of turmeric 84 bags

were sold.

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