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Turmeric, jeera dip on sluggish demand

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 3:13 AM IST

Turmeric and jeera prices fell upto Rs 200 per quintal in the national capital today owing to fall in demand from retailers and stockist at existing higher prices against sustained supplies.

Weak trend at futures market and lower advices from the producing belts also put pressure on the prices. Turmeric prices fell by Rs 200 to conclude at Rs 16,200- 18,800 per quintal.

Jeera common and best quality also declined by Rs 100 each to settle at Rs 11,700-12,000 and Rs 13,000-13,500 per quintal. Marketmen said reduced offtake by local parties and weak exports demand, pulled down the turmeric and jeera prices on the wholesale kirana market here.

Following are today's quotations (per quintal):

Ajwain 10,500-15,500, black pepper common 16,900-17,000, betelnut (kg) 85-105, cardamom brown -Jhundiwali (kg) 820-825 and cardamom brown -Kanchicut (kg) 925-1,025

Cardamom small (kg): Chitridar 1200-1,370, cardamom (colour robin) 1,560-1,580, cardamom bold 1,585-1,600, cardamom extra (bold) 1,700-1,720 and cloves (kg) 300-380

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First Published: Jun 10 2010 | 4:58 PM IST

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