Commodities

Absence of officials halts turmeric sales

Our Correspondent Erode | Updated on January 10, 2012 Published on January 10, 2012

Sale of spot turmeric came to a halt in Erode markets on Tuesday due to absence of Regulated Market Committee representatives.

Sale of spot turmeric came to a halt in Erode markets on Tuesday due to absence of Regulated Market Committee representatives.

According to Mr R.K.V. Ravishankar, President of Erode Turmeric Merchants Association, it necessitated traders to stop from bidding at auctions on Tuesday. Usually, when turmeric auction is conducted at the Erode Turmeric Merchants Association Sales yard, the Erode Cooperative Marketing Society and Gobichettipalayam Agricultural Cooperative Marketing Society, a representative from the Regulated Market reads out the bids placed by the traders. But due to the boycott of auction by the traders on Monday at Regulated Marketing Committee, the representative of the committee was absent on Tuesday.

Mr Ravishankar said that turmeric farmers were upset due to the non-conduct of the auctions. On behalf of the Erode Turmeric Merchants Association, a representation was given to the Regulated Market authorities on Tuesday. The association asked the authorities to send their representative as usual to the auction places, at least from Wednesday for smooth conduct of turmeric auction.

On behalf of the Association, it was also wanted the committee officials to cooperate with the traders to cancel their tender if they wrongly mention the lot number.

Officials said that they will discuss the issue with their higher authorities. Mr Ravishankar was hopeful that the auction would be conducted at all four places from Wednesday and traders will place bids as usual.

Published on January 10, 2012
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