Turmeric turns weak on sluggish demand

In restricted activity, turmeric prices declined by Rs 100 per quintal in the national capital today on subdued demand at existing higher levels against adequate stocks.

Traders said sufficient stocks position against subdued demand at prevailing levels mainly led to a fall in turmeric prices.

Turmeric traded lower by Rs 100 to Rs 16,500-19,600 per quintal.

Following are today's quotations (per quintal):

Ajwain 14,000-19,000, black pepper common 22,600-22,800, betelnut (kg) 85-105, cardamom brown-Jhundiwali (kg) 830-840 and cardamom brown-Kanchicut (kg) 940-1050

Cardamom small (kg): Chitridar 1,200-1,300, cardamom (colour robin) 1,380-1,400, cardamom bold 1,430-1,440, cardamom extra (bold) 1,490-1,560 and cloves (kg) 320-400