Spot turmeric prices decline

Spot turmeric prices dropped Rs. 300 a quintal at Erode on Thursday (21 April 2011) on subdued demand from north Indian traders and dull trade at other turmeric centres. At the Erode Turmeric Merchants Association sales yard, the finger variety sold at Rs. 9,416-9,859 a quintal and the root variety at Rs. 7,002-9,209.

At the Gobichettipalayam Agricultural Cooperative Marketing Society, the finger variety sold at Rs. 8,027-9,830 and the root variety at Rs. 7,799-8,889. At the Erode Cooperative Marketing Society, the finger variety sold at Rs. 8,669-Rs 9,689 and the root variety at Rs.7,272-8,888. At the Regulated Marketing Committee, the finger variety fetched Rs. 8,916-9,489 and the root variety Rs. 8,699-9,229.

(Source: http://www.indiainfoline.com/Markets/News/Spot-turmeric-prices-decline/3657663086)