Turmeric gains colour on demand

Spot turmeric prices increased at Erode markets on Wednesday due to fresh local demand. Turmeric growers brought a limited stock of 3,500 bags and 70 per cent of the stocks were sold. The finger variety gained ₹100 a quintal and all the 400 bags of local hybrid varieties were sold. In the Erode Turmeric Merchants Association sales yard, some bags of quality root variety fetched increased price and all such quality root variety turmeric bags were sold. At the Erode Turmeric Merchants Association, the finger turmeric was sold at ₹7,289-9,069 a quintal and the root variety ₹7,088-8,391. Of the arrival of 858 bags, 698 were sold.