Business · 14 Oct
Turmeric prices cross ₹23,000 a quintal in Erode
AI summaryTurmeric prices at the Perundurai Regulated Market in Erode crossed ₹23,000 a quintal, reaching their highest level in recent years. The price hike is driven by lower crop arrivals, drought conditions in major growing regions, and reduced planting area. Market participants expect prices to remain high in the coming weeks due to ongoing water scarcity and El Niño effects.
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