Commodities

Quality lends colour to turmeric

Our Correspondent Erode | Updated on June 24, 2020 Published on June 24, 2020

Spot prices of turmeric increased at the markets in Erode due to the arrival of quality turmeric.

“3,750 bags arrived for sale and 65-70 per cent stocks were sold,” said RKV Ravishankar, President, Erode Turmeric Merchants Association.

The prices of both finger turmeric and root turmeric increased by ₹100-150 a quintal.

At the Erode Turmeric Merchants Association, finger turmeric was sold at ₹5,389-6,589 a quintal; root variety was sold at ₹4,700-6,200. Of the arrival of 2,158 bags, 992 were sold.

At the Regulated Marketing Committee, finger variety went for ₹5,639-6,239 a quintal and root variety was sold at ₹5,499-5,839. Of the 454 bags placed for sale, 398 were traded.

At the Erode Cooperative Marketing Society, finger turmeric fetched ₹5,689-6,309 a quintal, root variety was sold at ₹5,462-5,799. All the 999 bags of turmeric arrived for sale were sold.

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Published on June 24, 2020
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