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The turmeric traders are waiting for fresh demand from North India.
On Monday, 4,800 bags of turmeric including 2,000 bags of new turmeric arrived and 70 per cent were sold. The buyers quoted ₹10,000 and odd for local hybrid turmeric and purchased at ₹9,800 a quintal for local turmeric. The price of the turmeric was down ₹100 a quintal.
At the Erode Turmeric Merchants Association, the finger turmeric was sold at ₹7,850-9,800 a quintal and the root variety at ₹7,210-9,700. Of the arrival of 2,040 bags, 1,410 were sold.
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