ERODE: With turmeric prices gradually on the rise, trade sources here today said they expected that it would touch Rs 7000 a quintal within a couple of days.
Turmeric price, which was Rs 6527 a quintal in January first week, had touched Rs 6989 a quintal on Friday.
On Thursday, the price of spot turmeric increased by Rs 250 a quintal and hybrid variety by Rs 150 a quintal.
At the Erode Turmeric Merchants Association, the (New crop) Finger variety was sold at Rs 4232 to Rs 6969 a quintal, while the root variety at Rs 4119 to Rs 5996 a quintal.
Prices of Finger Variety (Old crop: Rs 5611 to Rs 6989 a quintal; root variety Rs 5499 to Rs 6011 a quintal.
Salem Hybrid Crop: finger variety was sold at Rs 5919 to Rs 7389 a quintal; root variety Rs 5799 to Rs 6344 a quintal.
At the Regulated Market Committee, the finger variety fetched Rs 5940 to Rs 6999 a quintal; root variety Rs 5375 to Rs 5966 a quintal.
The finger variety was sold at Rs 5599 to Rs 6979 a quintal while root variety Rs 4369 to Rs 5989 a quintal at the Erode Cooperative Marketing Society.
At the Gobichettipalayam Agricultural Cooperative Marketing Society, finger variety was sold at Rs 5062 to Rs 6799 a quintal; root variety Rs 4717 to Rs 6119 a quintal.
Source: India Times