Turmeric drops on low offtake
The price of turmeric dropped on Friday, said Krishnamurthy, a trader. He said though the market assembled on Friday, it will remain closed for two days on Saturday and Sunday. Because of this many farmers did not bring their produce for sale. Further, with no upcountry demand for the yellow spice now, traders bought limited quantities. Finger turmeric quoted lower by ₹300-500 a quintal and the root variety was down by ₹400 a quintal.