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Turmeric Arrivals Increase In Erode Mandi

Capital Market/ 14:51 , May 29, 2012

According to market sources, turmeric price in the Nizamabad mandi stood steady at Rs 3,900 per quintal. The arrivals in the Nizamabad mandi stood steady at 3,500 bags.

Turmeric price quoted in the Erode mandi stood at Rs 3,500-3,700 per quintal. The arrivals in the Erode mandi jumped to 12,000 bags from 11,000 bags. . The Salem variety was trading at Rs 3,700-4,200 per quintal.

In the Nanded mandi of Maharashtra, select quality quoted at Rs 3,800 per quintal, down by Rs 300 per quintal. The Powder quality traded at Rs 3,500 per quintal, down by Rs 100 per quintal. In the Sangli mandi, Rajapuri variety quoted at Rs 4,000 per quintal and Desi Kadappa was quoting at Rs 3,800 per quintal.

The NCDEX Turmeric June contract moved in the range of Rs 3,702-3,780 and is currently trading higher at Rs 3,742 per quintal, up by Rs 20 or 0.54% per quintal.

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