Very poor arrival of turmeric does not help the improvement in prices on Wednesday.

“Erode turmeric markets have experienced very poor arrival of 1,500 bags on Wednesday, which is stated to be the lowest arrival in the recent past.

“Such lowest arrival has not helped the improvement in price, instead it has decreased”, said R.K.V. Ravishankar, President, Erode Turmeric Merchants Association.

He said such low arrivals have occurred in the Erode markets already, as the farmers are busy in marriages or agricultural operations or poor price and demand.

On Wednesday, of 1,498 bags arrived, only 55 per cent was sold.

Traders did not place any tender as they have not yet received demand from North India.

The price of the finger variety decreased by Rs 300 a quintal in the Erode private market and the hybrid finger variety by Rs 600.

Similarly Rs 200 decreased in the Erode Cooperative Marketing Society.

At the Erode Turmeric Merchants Association sales yard, the finger variety was sold at Rs 4,039-6,209, the root variety Rs 3,866-5,785.

Salem hybrid crop: The finger variety was sold at Rs 5,686-7,099, the root variety Rs 5,411-6,185. Of 364 bags, only 121 were sold.

At the Regulated Market Committee, the finger variety was sold at Rs 5,209-6,614, the root variety Rs 5,009-5,735.

Of 175 bags arrived, 145 were sold.

At the Erode Cooperative Marketing Society, the finger variety was sold at Rs 5,270-6,461, the root variety Rs 5,001-5,329.

Of the arrival of 251 bags, 214 were sold.

At the Gobichettipalayam Agricultural Cooperative Marketing Society, the finger variety was sold at Rs 5,217-6,517, the root variety Rs 4,877-5,329.

All the 152 bags were sold.

Related Topics