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Turmeric price stable; sale improves

Turmeric price stable; sale improves

JUNE 7 2018

 

Spot turmeric prices at the markets in Erode remained stable amid an increase in sales. Lean season prevails in turmeric now as for the past one month the traders have not received any fresh upcountry demand. Similarly, the arrival of turmeric in other markets at Sangli, Warangal and Nizamabad also decreased and limited sale was reported, said Krishnamurthy, a trader. He said on Wednesday 2,400 bags arrived for sale and 80 per cent were sold. Almost all the buyers quoted slightly decreased price for the spice. They purchased all the hybrid turmeric. At the Erode Turmeric Merchants Association sales yard, finger turmeric sold at 5,899-8,569 a quintal, root varietysold at 5,269-7,599 . Of the arrival of 2,129 bags of turmeric 1,114 bags were sold.

 

At the Regulated Marketing Committee, finger turmeric sold at 6,869-8,099 , root variety sold at 6,455-7,539 . Out of 460 bags of turmeric kept for sale, 320 bags were sold. At the Erode Cooperative Marketing Society, finger turmeric sold at 6,894-8,351 , root variety sold at 6,594-7,569 . 458 bags of turmeric were kept for sale, of which 397 bags were sold. At the Gobichettipalayam Agricultural Cooperative Marketing Society, finger turmeric sold at 5,619-7,179 , root variety sold at 5,599-7,239 . All the 244 bags of turmeric kept for sale, were sold.

 

Source:https://www.thehindubusinessline.com

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