Comments
Spot turmeric prices decreased by ₹300 a quintal at Erode markets on lack of upcountry demand and poor quality arrivals. “Though 6,300 bags of turmeric arrived for sale, the buyers procured all the 2,000 bags of new turmeric and purchased about 1,500 bags of old turmeric. Only medium quality old turmeric arrived for sale, so the buyers quoted decreased price,” said RKV Ravishankar, President, Erode Turmeric Merchants Association. The new turmeric lost ₹100 a quintal and the old turmeric ₹300. At the Erode Turmeric Merchants Association, the finger turmeric went for ₹8,233-9,869 a quintal; the root variety at ₹7,800-9,199. Of the arrival of 2,278 bags,1,290 were sold.
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.