Turmeric arrival, prices dip

Spot prices of turmeric decreased at Erode markets on Monday as the traders did not receive any upcountry orders. Nearly 2,400 bags of medium and poor quality turmeric arrived for sale. Many traders were keen on buying the medium quality produce for a decreased price. At the Regulated Marketing Committee, finger turmeric lost ₹300 a quintal and the root variety ₹550. The finger turmeric was sold at ₹6,969-8,214 a quintal and the root variety at ₹6,574-7,489. Of the 488 bags on sale, 383 were sold.