Turmeric, Jeera prices decline on subdued demand

Turmeric and jeera prices fell by Rs 100 per quintal in the national capital following subdued demand from retailers and stockists.

Turmeric, Jeera prices decline on subdued demand
NEW DELHI: Turmeric and jeera prices fell by Rs 100 per quintal in the national capital today following 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 6,800-12,300 per quintal.

Jeera common and best quality also declined by Rs 100 each to conclude at Rs 12,700-13,300 and Rs 16,700-17,300 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.
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