Commodities

Turmeric inflow decreases at Erode

Our Correspondent Erode | Updated on July 02, 2020 Published on July 02, 2020

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Arrivals of turmeric to the markets in Erode are on the decline. “Arrivals were at 2,000 bags and traders purchased fifty per cent of the turmeric for a lesser price. The main reason for the decrease in arrival is non-operation of bus services in the district,” said RKV Ravishankar, President, Erode Turmeric Merchants Association.

Regarding the price, both varieties were down by ₹100 a quintal. At the Erode Turmeric Merchants Association, finger turmeric was sold at ₹4,789-6,077 a quintal, while root variety fetched ₹4,511-5,518. Of the arrival of 1,326 bags, 520 were sold.

At the Regulated Marketing Committee, finger turmeric was sold at ₹4,811-6,134; root variety traded at ₹4,589-5,729. 485 bags arrived for sale and 387 were sold.

At the Erode Cooperative Marketing Society, finger turmeric fetched ₹5,099-5,989 a quintal and root variety went for ₹4,229-5,660. Of the 148 bags offered, only 91 found takers.

 

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Published on July 02, 2020
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