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Widespread rainfall across Erode district
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A vehicle wades through the waterlogged limited use subway at Vendipalayam in Erode on Thursday.
Widespread rainfall in the district during the intervening night of Wednesday and Thursday brought down the temperature during the day on Thursday.
Most of the areas in the district, except Gobichettipalayam and Bhavanisagar blocks, received good rainfall that started around 11 p.m. on Wednesday and continued till 1 a.m. on Thursday. Rain accompanied by thunderstorms disrupted power supply in many areas. Heavy rain in the city led to stagnation of water at many spots on Perundurai Road, Meenatchi Sundaranar Road and on the outskirts. Also, vehicles had to wade through the stagnated rainwater at the limited use subway at Vendipalayam and the railway underpass on Chennimalai Road. Rain brought much respite to people who were facing hardship due to soaring temperature in the past two weeks.
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| A+A A- By Express News Service
ERODE: Turmeric price once again witnessed a significant increase in the regulated market in the district. This time, the price has gone up by Rs 2,000 per quintal in comparison to last month. Freshly harvested turmeric is sold at Rs 10,500 per quintal while old stock is sold at Rs 10,000.
Farmers, however, said production decreased by 25 per cent compared to last year as poor returns forced many to shift to cultivating tapioca and other crop.
With prices rising, there is a buzz in the regulated market as hordes of farmers from across Tamil Nadu and Karnataka are converging on Erode. Speaking to TNIE, Erode Turmeric Merchants Association Secretary M Sathyamoorthy said that the main reason for the rise in price is the increase in exports and suppy constraints. Compared to last year, exports increased by around 40 per cent up to 1.60 lakh tonne of turmeric is exported to Bangladesh, Malaysia, Singapore, Gulf nations a
Turmeric price crosses ₹10,000 a quintal at regulated markets
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Arrival of fresh turmeric and increase in demand has pushed the price of turmeric to ₹10,000 a quintal at the regulated markets here.
Known for its curcumin content that range from 2.5% to 4.5%, the crop is grown is over 10,200 acres at Erode, Modakkurichi, Kodumudi, Bhavani, Anthiyur and Gobichettipalayam areas and is auctioned at the Erode and Perundurai regulated markets and also at the Agricultural Producers Cooperative Marketing Societies at Karungalpalayam in Erode and at Gobichettipalayam.
While the old turmeric was auctioned for less than ₹6,000 a quintal all these years, new turmeric fetched around ₹7,000 a quintal. Hence, large quantities of turmeric were stocked in godowns and were brought to the markets when price improved.