The traders preferring new turmeric and purchase the same. Though the arrival of new turmeric is normal with to 3,000-4, 000 bags a day, the traders are showing interest in buying the new turmeric for their demand said Krishnamurthy a trader. On Friday , 6,300 bags including four thousand bags of new turmeric arrived for sale. The traders have procured more than 3, 500 bags of new turmeric and 500 bags of hybrid turmeric. Regarding the price of the commodity, the Hybrid finger turmeric was increased by ₹200 a quintal and the local finger turmeric was increased by ₹300 in the Erode Turmeric Merchants Association Sales Yard. At the Regulated Marketing Committee the both varieties were increased by ₹300 . But only 45 per cent of the arrived turmeric was sold. At the Erode Cooperative Marketing Committee more than 900 bags of turmeric arrived and 75 per cent were sold. At the Erode Turmeric Merchants Association sales yard, Salem Hybrid Finger turmeric was sold at ₹5,779 to ₹9,089 , root variety was sold at ₹5,469 to ₹7,481 . The local turmeric finger variety was sold at ₹5,400 to ₹8,588 , root variety was sold at ₹4,829 to ₹7,277 . Of the total arrival of 5,494 bags 3,288 bags including the new turmeric and hybrid turmeric were sold.
At the Regulated Marketing Committee, finger turmeric was sold at ₹6,299 to ₹7,677 , root variety was sold at ₹5,899 to ₹6,889 . Out of 805 bags, 383 bags were sold.
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.