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Turmeric prices ruled stable in Erode markets on Friday despite higher arrivals.
Arrivals increased to 5,521 bags and 65 per cent was sold.
“Sales in all the four markets were encouraging, but prices did not improve.
This is due to the lack of fresh demand from North India,” said R.K.V. Ravishankar, President, Erode Turmeric Merchants Association.
Many traders purchased the hybrid finger variety quoting higher price as quality crop arrived for sale.
Sales of other varieties were also high.
At the Erode Turmeric Merchants Association sales yard, the finger variety was sold at Rs 4,058-5,784, the root variety Rs 3,709-5,317.
Salem hybrid crop: The finger variety was sold at Rs 5,411-6,868, the root variety Rs 4,784-5,611.
Of the 1,294 bags that arrived, 679 were sold.
At the Regulated Market Committee, the finger variety was sold at Rs 4,949-5,879, the root variety Rs 4,779-5,569.
Of the 777 bags put up for sale, 592 found takers.
At the Erode Cooperative Marketing society, the finger variety was sold at Rs 4,549-5,919.
The root variety was sold at Rs 4,500-5,439.
Of 1,333 bags on offer, 1,324 were traded.
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