Turmeric prices rise – The Hindu BusinessLine

“The cost of some 150 bags of finger turmeric at the Erode Turmeric Merchants Association Profits Garden and Erode Cooperative Internet marketing Society elevated by ₹400 a quintal when as opposed to the past working day. The cost of the remaining turmeric bags were being steady. Only medium-top quality turmeric arrived for sale at the 4 marketplaces in Erode,” stated R.K.V. Ravishankar, President, Erode Turmeric Merchants Association.

“Totally, 2,063 bags arrived and 65 for each cent of the exact were being marketed. Traders are quoting a higher cost for some bags owing to the better top quality of medium-wide variety turmeric. But the traders have procured constrained inventory only to fulfill desire,” he added.

He stated there is no clean local and upcountry desire for traders, and now they are shopping for to fulfill the present desire. The current cost could prevail with slight variation, based mostly on the top quality.

At the Erode Turmeric Merchants Association revenue garden, finger turmeric was marketed at ₹5,264-6,319 a quintal, and the root wide variety was marketed at ₹4,391- 5,669 a quintal. Of the one,305 bags that arrived, 488 bags were being marketed.

At the Regulated Internet marketing Committee, the finger turmeric was marketed at ₹5,059-5,759 a quintal, the root wide variety was marketed at ₹4,699 -5,569 a quintal. Of the arrival of 219 bags of turmeric, 192 bags were being marketed.

At the Erode Cooperative Internet marketing Society, finger turmeric was marketed at ₹5,109-6,159 a quintal, the root wide variety was marketed at ₹4,864- 5,559 a quintal. Of the 539 bags positioned for sale, 444 bags were being marketed.

Next Post

Sugar on a bearish trend

Sugar sector witnessed bearish pattern on Wednesday on confined needs. Price ranges at Vashi dropped by ₹10-twenty on greater providing amid will need foundation community need. Producers’ continued providing at prevailing charges saved Naka and mill tender charges steady, with insignificant adjustments. Sufficient quota for the month and constant source […]