Turmeric, jeera decline on subdued demand

NEW DELHI: Turmeric and jeera prices fell by Rs 100 per quintal here today on subdued demand from retailers and stockists amid adequate stocks.

Weakening trend in futures market also put pressure on the select spice prices.

Turmeric prices fell by Rs 100 to Rs 6,600-11,300 per quintal.

Jeera common and best quality also declined by Rs 100 each to conclude at Rs 12,700-12,800 and Rs 16,400-16,900 per quintal.

Marketmen said subdued demand from retailers and stockists against adequate stocks, mainly pulled down 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) 380-500, betel- nut (kg) 180-200, cardamom brown-Jhundiwali (kg) 800-900 and cardamom brown-Kanchicut (kg) 950-1,050.

Cardamom small (kg): Chitridar 720-860, cardamom (colour robin) 710-850, cardamom bold 720-810, cardamom extra (bold) 910-1,040 and cloves (kg) 600-770.