Comments
Spot turmeric prices increased in Erode markets due to the arrival of quality produce. “Most of the traders have received good number of demand from North India and so they are quoting a higher price for the quality turmeric. Prices increased by ₹200 a quintal. Of the 11,500 bags that arrived, 65 per cent quality turmeric arrived for sale and all was sold,” said RKV Ravishankar, President, Erode Turmeric Merchants Association.
At the Erode Turmeric Merchants Association sales yard, the finger turmeric was sold at ₹5,519-8,709 a quintal; the root variety ₹5,309-8,041.
Salem Turmeric: The finger variety fetched ₹7,514-9,591; the root variety ₹7,399-8,691. Of the arrival of 2,490 bags, 1,210 were traded.
At the Regulated Market Committee, the finger turmeric went for ₹7,309-8,719 and the root variety ₹7,069-8,069. Of the 1,756 bags offered, 1,431 found takers.
At the Erode Cooperative Marketing Society, the finger turmeric was sold at ₹7,611-8,769; the root variety ₹7,569-7,969. Of the 1,920 bags placed for sale, 1,841 were sold.
Comments
COMMENT NOW
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.