Spot turmeric prices registered a decline at the markets in Erode due to poor quality arrivals, while on futures prices jumped by ₹100 a quintal.
Finger turmeric lost ₹200 a quintal at the Erode Turmeric Merchants Association sales yard and ₹100 at the Regulated Marketing Committee. 60 per cent of the arrivals was sold.
At the Erode Turmeric Merchants Association, finger turmeric was sold at ₹5,255-6,239 a quintal, root variety was sold at ₹4,699-5,633. Of the arrival of 1,318 bags, only 486 bags were sold.
At the Regulated Marketing Committee, finger turmeric went for ₹4,839-6,091 a quintal, root variety for ₹4,319-5,639. Of the 571 bags on offer, 545 were traded.
At the Erode Cooperative Marketing Society, finger turmeric was sold at ₹5,009-6,033 a quintal, root variety was sold at ₹4,558-5,659. All the 443 bags kept for sale found takers.
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.