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CommodityWireIndia Spices: Turmeric down on high arrivals, jeera on profit sales
India Spices

Turmeric down on high arrivals, jeera on profit sales

This story was originally published at 22:02 IST on 6 August 2025
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Informist, Wednesday, Aug. 6, 2025

 

By Pallavi Singhal

 

NEW DELHI – Futures contracts of turmeric and jeera fell while those of coriander rose on the National Commodity and Derivatives Exchange Wednesday. Prices of coriander were up on limited supply. Turmeric futures fell on higher arrivals in domestic markets while jeera fell on profit sales, analysts said.

 

The most-active August contract of TURMERIC was down 0.2% at INR 13,142 per 100 kg on higher arrivals and subdued demand in physical markets, analysts said. Farmers have accelerated offloading stocks in anticipation of higher acreage this year, adding to the pressure on prices, said SMC Global Securities.

 

The most-active August contract of JEERA was down 1.6% at INR 18,910 per 100 kg owing to selling for profit amid higher prices. Prices had been on an upward trend over the past few days, driven by seasonal demand. However, they took a dip Wednesday due to the availability of substantial stocks, along with a good harvest in China, analysts at SMC Global said. "Furthermore, higher prices are prompting profit booking and increased selling by farmers," they added.

 

The most-active August contract of CORIANDER was up 0.3% at INR 7,810 per 100 kg due to limited supply and rising demand from domestic processors and exporters, SMC Global said. Arrivals from key producing states such as Rajasthan, Madhya Pradesh, and Gujarat have declined significantly, resulting in consistently low daily inflows and tightening availability in markets, the brokerage said. Given the current scenario, coriander prices are expected to remain firm, it said.

 

Contract

Exchange

Unit (kg)

Price (INR)

Change (INR)

Coriander Aug

NCDEX

   100

      7,810

                    22

Jeera Aug

NCDEX

   100

     18,910

                (-)300

Turmeric Aug

NCDEX

   100

     13,142

                 (-)26

 

End

 

Edited by Nishant Maher

 

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