Turmeric drops on low off­take

The Hindu Business Line - - COMMODITIES - OUR COR­RE­SPON­DENT

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.

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