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Informist, Thursday, Aug. 7, 2025

By Pallavi Singhal

NEW DELHI – Futures contracts of coriander and jeera traded flat while those of turmeric fell on the National Commodity and Derivatives Exchange Thursday. Turmeric futures fell on higher arrivals in domestic markets while jeera traded flat on low activity in domestic markets, said Alok Pandey, analyst at SMC Global. Coriander prices remained steady as traders were cautious at elevated prices, he said. 

The most-active August contract of TURMERIC was down 1.5% at INR 13,104 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. Arrivals on Wednesday rose to 13,660 quintals from 11,940 quintals in the previous session, reflecting a slight increase in market availability, Kedia advisory said in a note.

The most-active August contract of JEERA was flat at INR 18,910 per 100 kg due to low trading activity, despite a significant drop in spot prices at Unjha market. Several factors are impacting the market, Pandey said. Rising selling pressure as traders sell stocks at higher levels, lower prices in China, as well as ample stock availability are adding to the downward pressure. Downside may be restricted by seasonal demand, analysts said.

The most-active August contract of CORIANDER was flat at INR 7,830 per 100 kg as traders adopted a cautious stance at elevated levels following recent gains driven by limited supply and rising demand from processors and exporters, according to Pandey. Arrivals from key producing states like Rajasthan, Madhya Pradesh, and Gujarat have significantly declined, he said. Considering the current market conditions, prices are expected to stay firm in the short to medium term, he added.

End

Edited by Akul Nishant Akhoury

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