Turmeric, jeera up on higher demand

Dec 10 2012, 15:02 IST
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SummaryTurmeric and jeera prices rose by Rs 100 per quintal in the national capital.

Turmeric and jeera prices rose by Rs 100 per quintal in the national capital today on the back of a pick-up in demand from local parties as well as overseas enquiries.

Turmeric prices rose by Rs 100 to settle at Rs 6,600-9,800 per quintal on reports of area under turmeric cultivation is lower this year due to scant rainfall during the planting season but higher carry-forward stocks are expected to keep supplies firm.

Jeera common and jeera best quality also rose by Rs 100 each to conclude at Rs 14,700-14,900 and Rs 17,600-18,100 per quintal, respectively on reports of sowing operations are lagging behind in parts of Gujarat due to lower monsoon rains.

Traders said buying support from retailers and exporters against fall in supplies from producing belts, mainly pushed up turmeric and jeera prices on the wholesale kirana market here.

The following are today's quotations: Ajwain 10,000-15,000, black pepper (per kg) 425-560, betelnut (kg) 160-195, cardamom brown-Jhundiwali (kg) 830-930,

and cardamom brown-Kanchicut (kg) 950-1,050. Cardamom small (kg): Chitridar 750-880, cardamom (colour robin) 750-900, cardamom bold 750-850, cardamom extra (bold) 950-1,050 and cloves (kg) 630-710.

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