Turmeric arrivals drop

Updated - January 09, 2018 at 04:47 AM.

Turmeric being packed in gunny bag at a whole sale outlet in Kochi, Sluggish demand and ample stocks with traders due to early harvesting of turmeric because of heavy rains in North India, is likely to weaken turmeric prices in the country for a short term. But lower estimated production of 42-45 lakh bag turmeric compared to 51 lakh bags last year owing to lower acreage of crop is expected to push the demand and price too. Digital Picture By K_K_Mustafah.5/09/07

The arrival of turmeric for sale has witnessed a fall. At the Erode Turmeric Merchants Association Sales yard, finger turmeric sold at ₹5,829 to ₹8,349 a quintal, root variety sold at ₹5,255 to ₹7,691. At the Regulated Marketing Committee, finger turmeric was sold at ₹7,179 to ₹8,374 , and root variety at ₹6,989 to ₹7,959 . At the Erode Cooperative Marketing Society , finger turmeric sold at ₹7,503 to ₹8,188 and root variety at ₹6,499 to 7,555.

Published on November 23, 2017 16:03