Comments
Spot turmeric prices gained in Erode markets as the quality of arrivals was good. Prices topped ₹8,000 a quintal.
“Traders are having some local and upcountry orders. They purchased 1,520 bags . Arrival of the new crop was 100 bags. We expect an increase in new turmeric arrival from next week,” said RKV Ravishankar, President, Erode Turmeric Merchants Association.
In view of quality arrival, local turmeric prices were up ₹300 a quintal at the Erode Turmeric Merchants Association sales yard; ₹400 at the Regulated Market Committee.
The new turmeric was up ₹600 and all 100 bags that arrived for sale were sold.
At the Erode Turmeric Merchants Association sales yard, the finger turmeric was sold at ₹5,899-8,011 a quintal and the root variety ₹5,769-7,531.
Salem Hybrid: The finger turmeric fetched ₹8,089-9,029; the root variety ₹7,300-7,731.
New Turmeric: The finger variety went for ₹7,019-8,129 and the root variety for ₹7,077-7,499.
At the Regulated Market Committee, the finger turmeric ruled at ₹6,899-8,313 and the root variety ₹6,799-7,899.
At the Erode Cooperative Marketing Society, the finger turmeric was sold at ₹7,059-8,168 and the root variety at ₹6,809-7,891.
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.