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Spot Turmeric Prices Down On New Crop Arrivals

27 Feb 2020 9:41 pm
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MUMBAI (Commoditiescontrol) - Spot turmeric prices moved lower by Rs 100-200 per quintal at the major markets in the country on Thursday amid higher arrivals.

A total of 3,600 bags (1 bag = 65 kg) of spice arrived at the Erode market, while the Duggirala and Nanded markets received 600 and 400 bags of spice, respectively.

According to traders, the pressure on prices is increasing with the arrival of new crop in the mandis.

At the National Commodity and Derivatives Exchange (NCDEX), turmeric for delivery in April last traded up Rs 178 at Rs 6,074 per quintal.

Commodity

Market

Variety

Min

Max

Min

Max

Change(Max Today-Prev Max)

Arrival

Turmeric

Duggirala

Gattha

5300

5600

5400

5600

-100

600

Turmeric

Duggirala

Finger

5400

5600

5400

5600

0

Turmeric

Erode

Finger

6500

6600

6400

6500

-100

3600

Turmeric

Erode

Gattha

6200

6300

6000

6200

100

Turmeric

Nanded

Gattha

5100

6000

5200

6100

-100

400

Turmeric

Nanded

Finger

5300

6200

5400

6300

-100



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