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Informist, Monday, Aug. 25, 2025

 

By Pallavi Singhal

 

NEW DELHI – Futures contracts of turmeric were flat while those of jeera rose and coriander fell on the National Commodity and Derivatives Exchange on Monday. Prices of jeera rose due to a rise in export demand from Syria, prices of coriander were down on profit taking, analysts said. 

 

The most active October contract of TURMERIC was flat at INR 13,370 per 100 kilograms. Prices are expected to remain range-bound from INR 12,970 to INR 13,770 per 100 kg, analysts at SMC Global said. The market is expected to find support as industrial and seasonal demand should restrict any sharp decline, they said. Moreover, in the medium to long-term, tight supply conditions coupled with lower inventory levels are likely to lend further strength to prices, the brokerage said.

 

The most active September contract of JEERA rose 1.3% to INR 19,850 per 100 kg supported by export demand from Syria, SMC Global said. However, the rise in prices is likely to be limited as demand from other countries in West Asia is subdued, Kedia Advisory said in a note. West Asian countries are among the top importers of Indian spices. Adequate supplies are also expected to put pressure on prices, Kedia Advisory said. 

 

The most active September contract of CORIANDER was down 0.1% at INR 8,032 per 100 kg on profit taking, market analysts said. Moreover, weak buying interest at elevated prices could weigh on the market, they said. Prices are expected to be firm in the range of INR 7,970-INR 8,110 per 100 kg in the short term as the market is likely to adopt a wait-and-watch approach after the recent rise in prices, a note from SMC Global said. 

 

Contract	Exchange	Unit (kg)	Price (INR)	Change (INR)
Coriander Sept	NCDEX	100	8,032	(-)10
Jeera Sept	NCDEX	100	19,850	145
Turmeric Oct	NCDEX	100	13,370	-

 

End

 

Edited by Deepshikha Bhardwaj

 

 

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