Turmeric pales on slack demand

Only 2,500 bags of turmeric arrived for sale at Erode markets on Monday due to poor upcountry demand. “Further, the growers bring only medium and low quality turmeric. The traders who have orders from North India are buying only Salem Hybrid and local hybrid turmeric. Only low hybrid turmeric is arriving for sale and all the 300 bags were sold,” said RKV Ravishankar, President, Erode Turmeric Merchants Association. The price of the quality turmeric finger and root varieties were improved by ₹50-100 a quintal. Of the total arrival, 70 per cent stocks were sold. At the Erode Turmeric Merchants Association, the finger variety went for ₹7,543-9,001 a quintal; the root variety ₹7,306-8,039. Of the arrival of 726 bags, 367 were sold. Our Correspondent