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The price ofturmeric was decreased. “On Monday, the arrival has been increased to 7,000 bags. Because of the same the traders quoting decreased price purchased about 80 per cent of the arrived turmeric. ”, said RKV Ravishankar, President, Erode Turmeric Merchants Association. He said at present only Mysore turmeric is arriving for sale and few quantity of local old turmeric is also arriving. The traders prefer only the new turmeric and also purchased little quantity of old turmeric for supply to the Masala firms and Turmeric powder grinding units.
Regarding the price , it was decreased by ₹200 a quintal in all the markets and the fresh Erode Turmeric may arrive for sale only in the middle of April, as the harvest is in progress in many places. If the new Erode Turmeric arrives for sale the price may improve slightly said the traders.
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