Turmeric, jeera fall on subdued demand

Turmeric and jeera prices drifted by Rs 100 per quintal each in the national capital today owing to weak local and export demand at existing higher prices, amid adequate stock positions.

Turmeric prices fell by Rs 100 to settle at Rs 13,500-16,800 per quintal.

Jeera common and jeera best quality also declined by Rs 100 each to conclude at Rs 15,700-15,900 and Rs 17,200-18,200 per quintal, respectively.

Market analysts said reduced offtake by stockists and exporters, mainly pulled down turmeric and jeera prices at the wholesale kirana market here.

Following are today's quotations in Rs per quintal:

Ajwain 16,000-21,000, black pepper common 23,400-23,600, betelnut (kg) 120-145, cardamom brown-Jhundiwali (kg) 1,020-1,030, and cardamom brown-Kanchicut (kg) 1,100-1,250.

Cardamom small (kg): Chitridar 1,010-1,030, cardamom (colour robin) 990-1,080, cardamom bold 1,000-1,050, cardamom extra (bold) 1,100-1,200 and cloves (kg) 350-440.