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Spot turmeric prices drifted at the markets in Erode taking a cue from weak futures. “Moreover, for the past few days traders did not receive any fresh upcountry orders and at Warangal, quality turmeric is available at a cheaper price. So the traders are reluctant on buying the spice here,” said Krishnamurthy, a trader. On Thursday, 4,500 bags of the spice arrived for sale and 75 per cent were sold. A few bags of quality hybrid finger turmeric arrived for sale and fetched higher price. But new turmeric (finger) decreased by ₹300 a quintal in all the markets. The root variety too was down by ₹200 in all the markets.
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