India Spices
Turmeric, coriander futures fall on weak buying interest
This story was originally published at 20:04 IST on 26 September 2025
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By Pallavi Singhal
NEW DELHI – Futures contracts of all the spices ended in the red on the National Commodity and Derivatives Exchange on Friday. Prices of turmeric and coriander fell due to weak buying interest while those of jeera fell due to sluggish demand amid rising arrivals, analysts said.
The most-active October contract of TURMERIC fell almost 0.4% to INR 12,330 per 100 kg on weak buying interest, analysts at SMC Global said. Some festival-related support may emerge, but a broad revival in demand is not yet visible, it said. Prospects of a good crop have also been weighing on prices. Preliminary estimates suggest a 15% increase in sowing this season, Kedia Advisory said.
The most-active October contract of JEERA fell 1.5% to INR 19,070 per 100 kg weighed down by sluggish demand, rising arrivals, and comfortable stock levels. The long-term view for jeera prices seems weak given the bulk availabilities and increased selling pressure at every price hike, SMC Global said in a note. "Any attempt at an upside is likely to face selling pressure at higher levels, reinforcing the prevailing bearish outlook," it said.
The most-active October contract of CORIANDER fell 0.2% to INR 8,330 per 100 kg due to reluctance of traders to buy in the spot market today, SMC Global said. This is despite a 23% fall in local arrivals particularly in Rajasthan and Gujarat, the brokerage said. Seasonal demand coupled with restricted arrivals is likely to keep the market firm in near term, analysts at SMC Global said.
Contract | Exchange | Unit (kg) | Price (INR) | Change (INR) |
Coriander Oct | NCDEX | 100 | 8,330 | (-)20 |
Jeera Oct | NCDEX | 100 | 19,070 | (-)280 |
Turmeric Oct | NCDEX | 100 | 12,330 | (-)44 |
End
Edited by Ashish Shirke
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