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Commodity News |
HeadLine : |
Quality lends colour to turmeric |
Date : |
Nov 26 2014 |
Prices of the hybrid root turmeric
increased at spot markets of Erode on Tuesday. “The hybrid root
turmeric was up Rs.500 a quintal due to arrival of fine variety root
turmeric. The buyers also purchased local root turmeric to fulfil
their committed orders to merchants in North India,”said RKV
Ravishankar, President, Erode Turmeric Merchants Association.
He said that on Tuesday 3,500 bags
arrived for sale and the buyers procured 1,910 bags for their local
and upcountry orders. Quality turmeric fetched higher price .
At the Erode Turmeric Merchants
Association sales yard, the finger turmeric fetched Rs.4,101-6,515 a
quintal and the root variety Rs.4,033-5,881.
Salem Hybrid: The finger variety was
sold at Rs.5,600-7,068; the root variety Rs.5,399-6,538. Of the total
arrival of 707 bags, only 101 were sold.
At the Regulated Market Committee, the
finger turmeric went for Rs.5,587-6,515 and the root variety
Rs.5,393-6,289. Of the 713 bags that arrived, 634 were traded.
At the Erode Cooperative Marketing
Society, the finger turmeric was sold at Rs.5,569-6,540; the root
variety Rs.5,389-6,282. All the 561 bags found takers. Source:-Business Line
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