Only 65% turmeric sold at Erode

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Traders procured good number of turmeric bags at Erode markets on Wednesday. “Only local varieties arrived for sale and all the 400 bags of new crop were purchased by the traders, as they have received little quantity of upcountry orders,” said RKV Ravishankar, President, Erode Turmeric Merchants Association.

He said 4,300 bags arrived for sale and 65 per cent of the stocks were sold. Both the finger and root varieties gained ₹100-200 a quintal. At the Erode Turmeric Merchants Association, the new finger turmeric was sold at ₹9,129-9,809 a quintal; the root variety ₹8,809-9,089.

The old finger turmeric went for ₹7,882-9,882; the root variety ₹7,559-9,089. Of the 1,369 bags offered, 890 were sold.

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