Turmeric prices rise; sales remain low

Joseph B. Hash

The value of the turmeric was greater. “The location turmeric arrival stays minimal, and on Tuesday, 2,000 bags of turmeric arrived, for which consumers obtained sixty per cent to meet their neighborhood desire. The sale of turmeric at the Turmeric Merchants Affiliation sales lawn was minimal, as well, as only […]

The value of the turmeric was greater. “The location turmeric arrival stays minimal, and on Tuesday, 2,000 bags of turmeric arrived, for which consumers obtained sixty per cent to meet their neighborhood desire. The sale of turmeric at the Turmeric Merchants Affiliation sales lawn was minimal, as well, as only 287 bags ended up bought as towards the arrival of 1,101 bags (thirty per cent). Only medium-top quality turmeric arrived to all markets, and consumer-traders — for want of refreshing upcountry desire — have obtained restricted amount of turmeric,” explained RKV Ravishankar, President, Erode Turmeric Merchants Affiliation.

“The value of some 45 bags of finger turmeric greater by ₹150 a quintal at the Erode Turmeric Merchants Affiliation sales lawn. Further, the price ranges of thirty bags of finger turmeric greater by ₹100 a quintal each at the Controlled Marketing and advertising Committee and the Erode Cooperative Marketing and advertising Modern society,” he included.

Ravishankar explained the value of turmeric futures proceeds to decrease, and so the consumers are cautious in quoting price ranges. They are anticipating refreshing desire by next week.

At the Erode Turmeric Merchants Affiliation sales lawn, finger turmeric was bought at ₹5,102-six,159 a quintal, and the root variety was bought at ₹4,759-5,729 a quintal.

At the Controlled Marketing and advertising Committee, finger turmeric was bought at ₹5,001-5831 a quintal, although the root variety was bought at ₹4823- 5650 a quintal. Of the 315 bags that arrived, 272 bags ended up bought.

At the Erode Cooperative Marketing and advertising Modern society, finger turmeric was bought at ₹5,209-6119 a quintal, and the root variety was bought at ₹4919- 5,599 a quintal. All the 448 bags of turmeric brought ended up bought.

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