Turmeric rises on tight supply

Turmeric prices rose by Rs 100 per quintal in the national capital today, on tight supplies amid pick up in local and exports demand.

Restricted supplies from the producing regions and a firming trend in futures trade, also supported the rise in prices.

Turmeric prices rose by Rs 100 to settle at Rs 16,300-18,900 per quintal.

Marketmen said increased buying by stockists followed by pick up in domestic and exports demand against tight supplies from the producing belts, mainly pushed up turmeric prices on the wholesale 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