Turmeric prices cross ₹18,000 a quintal in Erode market
Turmeric prices in the Erode market have surged past ₹18,000 per quintal due to a combination of lower production caused by drought and strong domestic and export demand. Market experts note that the end of the marketing season and reduced arrivals have further tightened supply.
Why it matters
Rising agricultural commodity prices impact both farmers' incomes and consumer inflation, reflecting broader climate-related supply chain challenges.
The price of finger turmeric crossed ₹18,000 a quintal at the Erode Regulated Market on Wednesday (July 15, 2026), increasing by over ₹2,600 a quintal in two weeks owing to lower arrivals and strong domestic and export demand.
Finger turmeric was auctioned at the Erode Regulated market between ₹12,369 and ₹18,463 a quintal, while bulb turmeric fetched between ₹11,569 and ₹16,639 a quintal. On July 1, finger turmeric was sold in the price range of ₹11,559 and ₹15,846 a quintal, and bulb turmeric between ₹10,559 and ₹13,611 a quintal.
Average daily arrivals, which stood at 250 to 300 lots of 80 kg each last month, have fallen to 75 - 125 lots this week. During the corresponding period last year, finger turmeric fetched an average of ₹12,000 to ₹14,000 a quintal
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