Agri Business

Spot turmeric toes futures, rises

Our Correspondent Erode | Updated on March 08, 2018 Published on March 08, 2018

Spot turmeric prices increased on Thursday at Erode markets followed by a rise in turmeric futures. “The arrivals increased to 4,000 bags. The traders, though having limited quantity of upcountry orders, purchased the turmeric for a higher price. All the 3,000 bags of new turmeric were sold. Some bags of hybrid turmeric too were sold for increased price,” said Krishnamurthy, a trader. Regarding the price, the hybrid finger variety was up ₹300 a quintal and the hybrid root variety by ₹100. The local finger turmeric gained ₹250-400 a quintal and the root variety was up ₹200.

Published on March 08, 2018
This article is closed for comments.
Please Email the Editor