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Spot Turmeric Prices Down Amid Sluggish Trade

9 Oct 2019 7:48 pm
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MUMBAI (Commoditiescontrol) - Turmeric prices fell in futures amid sluggish trading in the spot.

After the holiday of Dussehra, there was a very sluggish trade in the spot today. Inferior quality of turmeric arrived at the Erode market in Tamil Nadu. Therefore, there was a decline of Rs 300 in finger variety here. But the market remained stable in Sangli and Nanded.

Only 1,300 bags of turmeric arrived at the Erode mandi after 4 days of holidays. According to traders, due to dull quality, there was very less demand in it. Here, the price of finger variety was at Rs 5,700-7,694/quintal.

At the National Commodity and Derivatives Exchange (NCDEX), turmeric for delivery in October moved lower by 1.8 percent to Rs 5,990 per quintal.

Commodity

Market

Variety

Min Today

Max Today

Change(Max Today-Prev Max)

Arrival

Turmeric

Sangli

Kadapa

5730

5730

0

1500

Turmeric

Sangli

Rajapuri

6700

6700

0

Turmeric

Erode

Finger

5700

7694

-300

1300

Turmeric

Erode

Gattha

6000

6200

0

Turmeric

Nanded

Gattha

5300

5800

0

1000

Turmeric

Nanded

Finger

6300

6400

0



       
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