Ripples advisory, Turmeric price improves
The price ofturmeric was increased on Monday. The arrival of turmeric also increases. All the arrived 800 bags of hybrid turmeric were sold for increased price, said Krishnasamy a trader. 4,500 bags arrived for sale on Monday including 3,200 bags of new turmeric. The buyers have purchased 80 per cent of the new and hybrid turmeric. The arrival of turmeric in the Regulated Marketing Committee was low with 302 bags and only 35 per cent was sold due to quality. Regarding the price ofturmeric it was increased by ₹200 a quintal of finger turmeric and ₹100 a quintal of root variety in all the markets.
At the Erode Turmeric Merchants Association sales yard, Salem Hybrid Finger turmeric was sold at ₹5,569 to ₹8,789 , root variety was sold at ₹5,089 to ₹7,259 . The local turmeric finger variety was sold at ₹5,400 to ₹7,718 , root variety was sold at ₹5,129 to ₹6,899 . Of the total arrival of 3,023 bags 1,581 bags including the new turmeric and hybrid turmeric were sold.
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