Turmeric, Jeera prices decline on subdued demand

NEW DELHI: Turmeric and jeera prices fell by Rs 100 per quintal in the national capital today owing to subdued demand from retailers and stockists amid adequate stocks position.

Besides, a weakening trend in futures market put pressure on select spice prices.

Turmeric prices fell by Rs 100 to Rs 6,900-12,400 per quintal.

Jeera common and best quality also declined by Rs 100 each to conclude at Rs 12,900-13,500 and Rs 16,900-17,500 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 per quintal: Ajwain 10,500-17,000, black pepper (per kg) 350-470, betel-nut (kg) 180-200, cardamom brown-Jhundiwali (kg) 970-1,000 and cardamom brown-Kanchicut (kg) 1,000-1,100.

Cardamom small (kg): Chitridar 645-745, cardamom (colour robin) 595-695, cardamom bold 645-695, cardamom extra (bold) 795-895 and cloves (kg) 650-775.