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Spot turmeric prices at Erode markets decreased on Monday as only medium variety turmeric arrived for sale. “ Traders purchased only 60 per cent of the arrived stock of 3,000 bags.
Most of the buyers procured the turmeric to supply locally for the grinding units and masala firms. Overall price was maintained at ₹9,000 and odd a quintal,” said RKV Ravishankar, President, Erode Turmeric Merchants Association.
At the Erode Turmeric Merchants Association, the finger variety was sold at ₹7,790-9,099 a quintal and the root variety at ₹7,689-8,499. Out of arrival of 1,012 bags, 651 were sold.
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