17/01/2021

shermancountycd

Saved By Business

Turmeric prices rise – The Hindu BusinessLine

“The price tag of some one hundred fifty bags of finger turmeric at the Erode Turmeric Retailers Association Profits Property and Erode Cooperative Advertising Society greater by ₹400 a quintal when as opposed to the past working day. The price tag of the remaining turmeric bags have been continuous. Only medium-high-quality turmeric arrived for sale at the four markets in Erode,” stated R.K.V. Ravishankar, President, Erode Turmeric Retailers Association.

“Totally, 2,063 bags arrived and 65 for every cent of the similar have been offered. Traders are quoting a larger price tag for some bags thanks to the far better high-quality of medium-wide variety turmeric. But the traders have ordered minimal stock only to fulfill demand,” he added.

He stated there is no fresh community and upcountry demand for traders, and now they are buying to fulfill the existing demand. The current price tag might prevail with slight variation, centered on the high-quality.

At the Erode Turmeric Retailers Association revenue lawn, finger turmeric was offered at ₹5,264-6,319 a quintal, and the root wide variety was offered at ₹4,391- 5,669 a quintal. Of the one,305 bags that arrived, 488 bags have been offered.

At the Controlled Advertising Committee, the finger turmeric was offered at ₹5,059-5,759 a quintal, the root wide variety was offered at ₹4,699 -5,569 a quintal. Of the arrival of 219 bags of turmeric, 192 bags have been offered.

At the Erode Cooperative Advertising Society, finger turmeric was offered at ₹5,109-6,159 a quintal, the root wide variety was offered at ₹4,864- 5,559 a quintal. Of the 539 bags positioned for sale, 444 bags have been offered.