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Spot turmeric prices decreased at the markets of Erode due to slack upcountry demand. “On Tuesday, arrivals of turmeric stood at 2,200 bags. Because of the lack of fresh orders from North India, traders quoted decreased price and farmers too brought only medium variety,” said Krishnamurthy, a trader.
Regarding the price, finger turmeric lost ₹200 a quintal at the Regulated Marketing Committee and ₹150 at the Erode Cooperative Marketing Society. Similarly, the root variety was down by ₹200 and ₹100 a quintal respectively in the two markets.
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