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Turmeric down on slack buying

Turmeric down on slack buying

AUGUST 6 2018

 

On account of poor demand and lack of upcountry orders, sale and prices of trumeric were down at the markets in Erode. On Monday, the arrivals were low at 1,900 bags. The traders purchased only 35-40 per cent stocks to fulfil their local orders, said Krishnamurthy, a trader.

 

Regarding the price, finger vareity lost 400 a quintal at the Erode Turmeric Merchants Association yard and the Regulated Marketing Committee. Similarly, root variety was down 100 in all the markets. At the Regulated Marketing Committee, the finger variety went for 7,039-8,191 a quintal; the root variety fetched 6,399-7,420. All the 207 bags on sale were sold.

 

Source:https://www.thehindubusinessline.com

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