Upcountry orders keep turmeric stable

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ERODE, JULY 23:

Spot turmeric prices were stable as some traders received upcountry orders.

Because of the arrival of medium quality hybrid turmeric, all the 75 bags of hybrid finger variety were sold, but the price has not improved and remains at Rs 7,200 a quintal.

At the Erode Turmeric Merchants Association sales yard, the finger variety was sold at Rs 3,799-6,573; the root variety Rs 3,596-5,850 a quintal.

Salem Hybrid Crop: The finger variety fetched Rs 5,895-7,200; the root variety Rs 5,416-6,189. Of the arrival of 633 bags, 210 were sold.

At the Regulated Market Committee, the finger variety was sold at Rs 5,589-6,714; the root variety Rs 5,009-6,044. Of the 148 bags arrived, 145 found takers.

At the Erode Cooperative Marketing Society, the finger variety quoted Rs 5,211-6,734; the root variety Rs 5,119-6,112. Of the 517 bags arrived, 508 were sold.

At the Gobichettipalayam Agricultural Cooperative Marketing Society, the finger variety fetched Rs 5,261-6,371; the root variety Rs 4,899-5,939. All the 156 bags were traded.

Source: Business Line

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