Don’t miss the latest developments in business and finance.

Turmeric, jeera up as demand picks up; tight supply

Image
Press Trust of India New Delhi
Last Updated : Jan 01 2015 | 3:25 PM IST
Turmeric and jeera prices rose sharply by Rs 200 per quintal here today on the back of pick-up in demand from local parties and overseas enquiries amid tight supplies from producing belts.
Turmeric prices went up by a whopping Rs 200 to settle at Rs 8,900-13,600 per quintal on strong demand in the wake of restricted supplies.
Jeera common and jeera best quality also rose by Rs 200 each to conclude at Rs 13,700-14,200 and Rs 17,200-17,700 per quintal.
Traders said buying support from retailers and stockists against rising export demand, mainly pushed up turmeric and jeera prices on the wholesale kirana market here.
Following are today's quotations:
Ajwain (per kg) 160-210, black pepper (per kg) 770-950, betel-nut (kg) 280-330, cardamom brown-Jhundiwali (kg) 1,700-1,750 and cardamom brown-Kanchicut (kg) 1,800-1,900.
Cardamom small (kg): Chitridar 780-850, cardamom (colour robin) 680-700, cardamom bold 720-740, cardamom extra (bold) 920-940 and cloves 720-820.

More From This Section

First Published: Jan 01 2015 | 3:25 PM IST

Next Story