Commodities

Turmeric sales decline

Our Correspondent Erode | Updated on June 30, 2020

A representative image

Arrivals of turmeric to the markets in Erode were steady, while sales registered a decline.

“Of the 5,200 bags of turmeric arrived for sale, 65 per cent was sold; this is five per cent less than previous day’s sale. Only medium quality turmeric is arriving for sale, and traders are purchasing only for their local and a few upcountry orders,” said RKV Ravishankar, President, Erode Turmeric Merchants Association.

The price of the turmeric is almost stable and some good quality finger turmeric gained ₹100-150 a quintal.

At the Erode Turmeric Merchants Association, finger variety was sold at ₹5,359-6,614 a quintal, root variety was sold at ₹4,925-5,909. Of the arrival of 3,080 bags, 1,175 were sold.

At the Regulated Marketing Committee, finger turmeric was sold at ₹5,339-6,474 a quintal, root variety was sold at ₹4,819-5,739. Of the 1,149 bags on offer, 1,050 were sold.

At the Erode Cooperative Marketing Society, finger variety fetched ₹5,200-6,134 a quintal, root variety was sold at ₹5,011-5,710. Of the 873 bags on offer, 542 were sold.

Published on June 30, 2020

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor