Turmeric auctioned for Rs. 1.30 crore

October 06, 2015 12:00 am | Updated 05:36 am IST - TIRUCHENGODE:

Turmeric was auctioned for Rs. 1.30 crore at the Tiruchengode Agricultural Producers Cooperative Marketing Society on Saturday.

While ‘virali’ turmeric variety fetched a price between Rs. 6,210 and Rs. 9,109 per quintal, ‘kilangu’ fetched a price between Rs. 5,911 and Rs. 7,559 and ‘panankali’ fetched a price between Rs. 6,009 and Rs. 17,909.

About 2,300 quintal of turmeric was auctioned for Rs. 1.30 crore, a press release from the society said.

Coconut kernels were auctioned for Rs. 2.50 lakh at the Mallasamudram branch of the Tiruchengode Agricultural Producers Cooperative Marketing Society on Sunday. While first quality kernels fetched a price between Rs. 68.65 and Rs. 74.35 per bag, second quality kernels fetched a price between Rs. 44.15 and Rs. 50.95.

About 120 bags were auctioned for Rs. 2.50 lakh on the occasion, society sources said.

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