Spot turmeric prices at Erode markets decreased as traders bought only limited stocks ahead of Diwali. On Monday, 3,300 bags arrived for sale and the buyers purchased 70 per cent stocks,” said RKV Ravishankar, a trader. The price of the finger variety decreased by ₹250-300 a quintal and that of the root variety by ₹300 in all the markets. At the Erode Turmeric Merchants Association sales yard, the finger turmeric was sold at ₹7,329-8,789 a quintal; the root variety ₹7,010-7,689. Of the arrival of 1,258 bags, 528 were sold.
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