India Spices
Turmeric down on low buying interest; jeera, coriander up
This story was originally published at 17:45 IST on 12 August 2025
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By Pallavi Singhal
NEW DELHI – Futures contracts of coriander and jeera rose while those of turmeric fell on the National Commodity and Derivatives Exchange on Tuesday. Jeera prices were up on rise in demand and prices of turmeric declined on lower buying interest, analysts at SMC Global said. Prices of coriander rose on limited supply amid growing demand, they said.
The most-active August contract of TURMERIC fell 0.2% to INR 12,850 per 100 kilograms due to lower buying interest at current levels. However, industrial and seasonal demand is likely to buoy the prices in the medium to long term as limited supply and depleted inventories may prove supportive, analysts added.
The most-active August contract of JEERA rose 0.4% to INR 18,975 per 100 kg due to seasonal demand, analysts said. Jeera prices are expected to move in the range of INR 18,750-INR 19,450, SMC Global said in a note. Rise in export demand is also seen pushing prices up. As per commerce ministry's latest data, jeera exports increased 11% on year in May to 23,200 tonnes.
The most-active August contract of CORIANDER was up 1% at INR 7,908 per 100 kg because of limited supply and growing demand from processors and exporters, SMC Global said. Market has seen a robust jump in prices in the recent past supported by limited supply and rising demand from processors and exporters. Considering the current market conditions, prices are expected to stay firm in the short to medium term, according to the brokerage.
Contract | Exchange | Unit (kg) | Price (INR) | Change (INR) |
Coriander Aug | NCDEX | 100 | 7,908 | 82 |
Jeera Aug | NCDEX | 100 | 18,975 | 40 |
Turmeric Aug | NCDEX | 100 | 12,850 | (-)28 |
End
Edited by Ashish Shirke
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