Comments
Spot turmeric prices increased at erode markets on Monday due to arrival of medium quality.
“Arrivals have decreased to 1,800 bags and the buyers quoted higher prices and purchased 55 per cent stocks. Though they are not getting huge orders from North India, most of the traders are receiving scattered demand from various places in India and so they are buying selective stocks by giving importance to quality,” said RKV Ravishankar, President, Erode Turmeric Merchants Association.
On Monday, the hybrid finger turmeric was up ₹200 a quintal and the hybrid root ₹100. The finger turmeric gained ₹200. At the Erode Turmeric Merchants Association sales yard, the finger turmeric fetched ₹3,500-6,118 a quintal and the root variety ₹3,499-5,777.
Salem Hybrid: The finger turmeric was sold at ₹5,654-6,409; the root variety ₹5,177-5,809. Of the 325 bags that arrived, 101 were sold.
At the Regulated Market Committee, the finger turmeric was sold at ₹5,395-6,289 and the root variety ₹5,199-6,169. Of the 347 bags on sale, 306 were traded.
At the Erode Cooperative Marketing Society, the finger turmeric went for ₹5,399-6,169 and the root variety ₹4,199-5,949. All the 330 bags found takers.
At the Gobichettipalayam Agricultural Cooperative Marketing Society, the finger turmeric was sold at ₹5,086-6,159; the root variety ₹4,569-5,899. All the 101 bags were traded.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.