ဆႏြင္းတက္(Tumeric finger) အသစ္ေပၚေတာ့မယ္,Erode,တမီနာဒူးျပည္နယ္,အိႏိၵယေတာင္ပိုင္း Jan 2:

New turmeric crop to hit markets by week-end

The new turmeric crop is expected to arrive in Erode markets before the end of the week.

“Though growers did not get remunerative price for their produce last year following poor sales, they have raised turmeric in large tracts of land. Fresh Number 8 variety turmeric will arrive for sale in a day or two. Last year, due to the adverse weather conditions the area under turmeric declined. But many farmers sunk bore wells and cultivated turmeric to fetch a better price. If the fine variety arrives for sale, traders will quote a higher price,”said R.K.V. Ravishankar, President, Erode Turmeric Merchants Association.

On Thursday, farmers were hoping that prices will increase and at least 75 per cent of the produce on offer would be bought. So, they brought 2,500 bags. Traders also quoted higher price, though only medium and poor quality were on offer. Only 45 per cent of the offerings was bought.

A trader said that they have only local demand and have not yet received upcountry orders. So, buying is limited. Farmers said that stockists are having huge inventories with them and expect sales to increase. .

The hybrid variety increased by Rs 400 due to arrival of medium quality and other varieties were up by Rs 150-250 a quintal.

At the Erode Turmeric Merchants Association sales yard, the finger variety fetched Rs 4,506-5,969 a quintal; the root variety Rs 3,864-5,469.

Salem Hybrid: The finger variety was sold at Rs 5,489-6,459; the root variety Rs 4,703-5,617 a quintal. Of the 491 bags that arrived, 98 were sold.

At the Regulated Market Committee, the finger variety quoted Rs 5,619-6,099 and the root variety Rs 5,019-5,934. Of the 829 bags on offer, 753 were traded.

At the Erode Cooperative Marketing Society, the finger variety fetched Rs 5,038-6,139 and the root variety Rs 5,310-5,960. All the 493 bags put up for sale found takers.

At the Gobichettipalayam Agricultural Cooperative Marketing Society, the finger variety was sold at Rs 4,569-6,072; the root variety Rs 4,290-5,611. All the 92 bags were sold.

(This article was published on January 2, 2014)