Comments
The arrival of turmeric to the Erode markets hit a new low of 2,000 bags on Monday.“Such lowest arrival is due to the declining price, which is below ₹10,000 a quintal. Many turmeric farmers, expecting increase in price, did not bring their produce and the traders expecting further drop in price procured only fifty per cent of the arrived stock,” said RKV Ravishankar, President, Erode Turmeric Merchants Association.
The price of the finger turmeric decreased by ₹200 a quintal, while that of the root variety by ₹100.
At the Erode Turmeric Merchants Association sales yard, the finger turmeric was sold at ₹7,399-9,609 a quintal; the root variety at ₹7,124-8,908. Of the arrival of 732 bags, 290 were sold.
Comments
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.