Turmeric on NCDEX settled up by 0.12% at 8202 on expectation of rising demand from traders and stockists at the spot market.  New season crop has hit the markets and continue to peak in current month but majority of arrivals are of medium quality. As per dept of commerce data, turmeric exports for the period April 2015- Feb 2016 is pegged at 77,081 tonnes while the export for the 2014-15 was 83,713 tonnes for the same period.

The price of the both varieties of turmeric decreased by Rs. 200 to 300 a quintal. At the Erode Turmeric Merchants Association sales yard the finger turmeric sold at Rs. 7,749 to Rs. 8,849 a quintal, root variety sold at Rs. 7,278 to 8,299 a quintal. Contact this no:- 9827808090

At the Regulated market Committee, finger turmeric sold at Rs. 7,917 to Rs. 8,899 a quintal; root variety at Rs. 7,499 to Rs. 8,355 a quintal. Of the arrival of 216 bags, about 200 bags were sold. At Duggirala market sources reported arrivals at 1343 quintals, up by 444 quintals from previous trading day. At Sangli market arrivals were reported at 6000 quintals, higher by 3000 quintals from previous trading day.