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“We’re selling the bags at 60 Indian rupees (S$1.10) per kilo and the price in Sri Lanka is 4,000 Sri Lanka rupees per kilo,” he said. In Sri Lanka, health practitioners have been among those trumping up the supposed benefits of turmeric during the coronavirus pandemic, causing demand to skyrocket – and giving smugglers a lucrative new sales product at a time much of the supply has been cut off. Meanwhile, Sri Lankan security forces have been engaged in a series of operations to crack down on smugglers bringing turmeric into the country by boat from neighboring India. The Central Bank of Sri Lanka Further Reduces the Statutory Reserve Ratio. So farmers started growing turmeric again, using only organic fertilizers such as cow manure. The spike in demand has also resulted in fears about the adulteration of turmeric powder. “Sri Lanka has banned Indian turmeric to boost domestic production. Get Swarajya in your inbox everyday. During an official visit to Maha Nanneriya in the Kurunegala District, on September 7, Highways Minister Johnston Fernando said President Gotabaya Rajapaksa instructed agriculture sector officers to take steps to produce turmeric for the local consumption and maintain a fixed price. In the Indian state of Tamil Nadu, coastal authorities said they had confiscated 4,685kg of turmeric in a single district in the last two months. Ceylon 100% pure Cardamom whole ground hand picked High quality Sri Lankan Price of product ( USD price or FOB price) : US $92-100 / Kilogram Product origin : Sri Lanka Key Specifications/Special Features : Origanally cultivated by Sri Lanken farmer Minimum Order Size and Packgaing details : MOQ: 5 Kg Packaging: carton Swarajya - a big tent for liberal right of centre discourse that reaches out, engages and caters to the new India. Proponents believe turmeric has antioxidant and anti-inflammatory qualities that help people to boost their immunity to diseases. On Wednesday (25), the Sri Lanka Navy (SLN) recovered a hidden stock of dried turmeric weighing 1,067 kg and apprehended a suspect, during a special search operation conducted in Puttalam. The administration said it expects Sri Lanka to be able to produce all the turmeric it needs to meet local demand by next year. A wide variety of turmeric options are available to you, There are 58 turmeric suppliers, mainly located in Asia. So, the smugglers easily transfer the spice in large quantities from turmeric-growing region to coastal areas under the pretext of domestic use,” he added. Turmeric is grown in wet and intermediate zones of Sri Lanka as a … While it used to cost 350 Sri Lankan Rupees (S$2.60) per kilogram before the pandemic, the price of turmeric now goes up to US$27 per kilogram – accounting for a 13-fold increase. PUBLICATIONS . “Turmeric in Sri Lanka is being sold between Rs 800-900 a kg,” said Poonam Chand Gupta, a trader from Nizamabad, Andhra Pradesh. The entire operation was conducted as per health and safety regulations imposed by health authorities as COVID-19 precautionary measures. As if signalling the price the yellow spice presently commands, a bag of 100kg smuggled turmeric is exchanged for up to 1kg of gold. Turmeric is grown in wet and intermediate zones of Sri Lanka as a mono-crop and an intercrop under coconut. 228 (price of one kg was Rs.100). ... has stepped in to impose a maximum retail price of 4 U.S. dollars per kg of turmeric. “Nearly 60 containers have been struck in Colombo for over six months when the ban came into effect,” said Gupta. Major Growing Areas. “We’ve stepped up our intelligence-gathering efforts in the region and increased our sea patrols to curb the rapidly growing smuggling activities,” said R Chinnawamy, superintendent of police at the coastal district Nagapattinam. Be involved in the day to day life and in challenging times like these, we need support. 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