TURMERIC MIXED TREND IN ERODE

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Arrivals of turmeric to the markets in Erode increased on Friday. “For the first time, the four turmeric markets received a total arrival of 8,500 bags. This is due to the proposed closure of the markets for nine days from March 30 due to a local festival,” said RKV Ravishankar, President, Erode Turmeric Merchants Association. He said in the morning the futures price was up by 100 a quintal; but the spot markets showed a mixed trend. Regarding the price, finger turmeric declined by 250 at the Erode Turmeric Merchants Association sales yard, but at the Regulated Marketing Committee it was up by 100. Similarly, root variety lost 250 at the Regulated Marketing Committee.

 

 

Source credits : https://www.thehindubusinessline.com/markets/commodities/mixed-trend-in-turmeric/article26679351.ece

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