60% turmeric sold at Erode by admin- Wednesday, August 12th, 2020 07:27:18 AM
R.K.V. Ravishankar, President, Erode turmeric Merchants Association, stated: “On the outlet day of the market, the advent of turmeric become low – only 2,four hundred luggage. The client after examining the samples, procured 60 in line with cent for their local demand. They quoted decreased price for both types of turmeric, based totally on the quality, while in comparison to preceding day marketplace rate. The arrival was additionally low because of rain and farmers being busy with agricultural operations.”
He said that the charge on the Turmeric Futures became in decreased kingdom and so the spot turmeric charge did now not enhance. Due to the nice, finger turmeric reduced by using ₹100-one hundred fifty a quintal and root range with the aid of ₹one hundred/quintal in all the markets, when compared to final week’s pronounced fee.
At the Erode Turmeric Merchants Association sales yard, finger turmeric was bought at ₹5,399 to ₹6,369 a quintal, and the root variety at ₹four,899 to ₹five,589 a quintal. Of the advent of one,036 luggage of turmeric 360 baggage were bought.
At the Regulated Marketing Committee, finger turmeric became offered at ₹five,one hundred ten to ₹6,099 a quintal, and root range at ₹4,626 to ₹five,599/quintal. Of the 409 luggage placed on the market, 303 baggage had been bought.
At the Erode Cooperative Marketing Society, finger turmeric turned into bought at ₹five,199 to ₹6,599 a quintal, and root variety at ₹five,099 to ₹5,700/quintal. Of the 1,023 baggage saved for sale, about 895 bags had been offered.