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Informist, Tuesday, Aug. 5, 2025

By Pallavi Singhal

NEW DELHI – Futures contracts of turmeric and jeera rose on the National Commodity and Derivatives Exchange Tuesday. Prices of coriander fell, however, as traders turned cautious at higher prices, analysts said. Prices of jeera were up on buying interest at lower levels.

The most-active August contract of TURMERIC was up 0.3% at INR 13,160 per 100 kg, buoyed by seasonal demand from processing units. Prices are expected to stay firm in the medium-to-long term, supported by tight supply and an empty pipeline, SMC Global Securities said.

The most-active August contract of JEERA was up 0.3% at INR 19,230 per 100 kg, supported by improved buying interest at prevailing price levels, SMC Global said. The August contracts of the spice were up for the third straight day. Prices had been under pressure earlier on abundant stocks and muted demand amid steady arrivals in major markets like Unjha, Rajkot, and Gondal in Gujarat. Analysts see potential for a further upside in the commodity driven by seasonal demand, even with substantial stocks.

The most-active August contract of CORIANDER was down 0.3% at INR 7,792 per 100 kg as traders took a cautious stance at current higher prices, analysts at SMC Global said. Coriander has seen a continuous rise, moving up from Jul. 4, they said. The price of the commodity at the close of trading that day stood at INR 7,198 per 100 kg.

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Edited by Nishant Maher

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