Spot turmeric prices increased at the markets in Erode following an upsurge in domestic as well as export demand against restricted supplies. Hybrid turmeric witnessed robust demand which led to a rise in its prices. On Monday, 2,500 bags of turmeric arrived for sale. The traders purchased good number of hybrid finger turmeric bags and also bought few bags of hybrid root variety. The hybrid finger variety gained ₹300 a quintal in all the markets and the hybrid root variety was up by ₹100. At the Regulated Marketing Committee, finger turmeric went for ₹7,011-8,300 a quintal; root variety for ₹6,799-7,900. All the 201 bags on offer were sold.
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.