The arrival of new turmeric has increased in Erode markets. “On Wednesday, 2,000 bags of new turmeric arrived and all the bags were sold. In addition, some 50 bags of hybrid turmeric from Gundalpet arrived for sale which fetched ₹10,000 a quintal and all the quantity were sold,” said RKV Ravishankar, President, Erode Turmeric merchants Association.
He said 5,800 bags arrived for sale and the traders procured 70 per cent stock. At the Erode Turmeric Merchants Association, the finger turmeric was sold at ₹7,669-10,189 a quintal and the root variety at ₹7,339-9,799. Of the arrival of 1,310 bags, 760 were sold.
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