Turmeric rises on tight supply

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

Restricted supplies from producing regions and a firm trend in futures market also supported the rise in prices. 

Turmeric prices rose by Rs 100 to settle at Rs 18,500-21,500 per quintal.

Marketmen said increased buying by stockists following a pick up in domestic and export demand against tight supplies from producing belts, mainly pushed up turmeric prices on the wholesale kirana market here.   

Following are today's quotations (per quintal):

Ajwain 16,000-19,500, black pepper common 22,300-22,400 betelnut (kg) 98-120, cardamom brown-Jhundiwali (kg) 900-950 and cardamom brown-Kanchicut (kg) 900-1,050

Cardamom small (kg): Chitridar 1,050-1,150, cardamom (colour robin) 1,000-1,100, cardamom bold 1,000--1,050, cardamom extra (bold) 1,150-1,180 and cloves (kg) 310-380

Chirounji (new) (kg) Rs 400-440 Dry mango( raipur) Rs 6,000-8,500 Dhania Rs 3,800-8,800 Dry ginger Rs 22,500-26,000 Kalaunji Rs 9,500-10,500 Mace-Red (kg) Rs 1,200-1,450 Mace-Yellow (kg) Rs 1,450-1,500 Methiseed Rs 3,000-3,800 Makhana (kg) Rs 185-300

Nutmeg Rs 540-560 Poppyseed (KG Turkey) Rs 225 Poppyseed (KG MP-RAJ) Rs 225-275 Poppyseed (KG Kashmiri) Rs 205 Red chillies Rs 5,300-11,000 Saffron (kg) Irani Rs 80,000-90,000 Saffron (kg) Kashmiri Rs 1,20,000-1,40,000 Soanf-bold Rs 9,800-15,000

Turmeric Rs 18,400-21,400 Tamarind Rs 2,200-2,550 Tamarind without seed Rs 3,800-5,500 Tea (kg) Rs 80-215 Watermelon kernel (Kg) Rs 170 Jeera common Rs 13,300-13,500 Jeera best Rs 14,600-15,100