Turmeric, jeera down on sluggish demand

Turmeric and jeera prices fell by Rs 100 per quintal at the wholesale kirana market in the national capital today on easing demand from retailers and stockists amid adequate stocks.

Besides, increased arrivals from producing regions put pressure on the select spice prices.

Turmeric prices drifted lower by Rs 100 to finish at Rs 8,500-11,400 per quintal.

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Jeera common and jeera best quality also eased by Rs 100 each to settle at Rs 20,200-20,400 and Rs 22,900-23,400 per quintal.

Marketmen said subdued demand from retailers and stockists against sufficient stocks, mainly pulled down turmeric and jeera prices.