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Turmeric prices stay unchanged

Turmeric prices stay unchanged

November 13, 2017

 

Spot turmeric prices ruled stable at Erode on Monday. “Arrivals decreased. The price of the spice did not improve and went below 8,500 a quintal,” said RKV Ravishankar, a trader. With limited upcountry demand, traders bought limited quantities. Only medium and poor quality turmeric arrived for sale. At the Erode Turmeric Merchants Association, finger turmeric was sold at 5,689-8,709 a quintal and root variety at 5,232-7,791. Of the 2,077 bags that arrived, 1,102 were sold. At the Regulated Marketing Committee, finger turmeric went for 7,469-8,619 a quintal, and the root variety for 6,759-7,739. Of the 463 bags offered, 394 were sold.

 

Source:http://www.thehindubusinessline.com/

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