More Stories

Informist, Tuesday, Sept. 30, 2025

 

By Shreya Shetty

 

MUMBAI – Futures contracts of all three spices traded on the National Commodity and Derivatives Exchange fell Tuesday due to sluggish demand. Prices of jeera are expected to remain under pressure due to the availability of ample stocks. Prices of turmeric will likely find support in the near term due to rising concerns about crop loss due to heavy rainfall in key growing regions. Prices of coriander could rise in the medium term due to festival demand.

 

The most-active October contract of TURMERIC was down 1.3% at INR 12,252 per 100 kg due to weak demand, analysts at SMC Global Securities said. However, the fall in prices could be limited due to reports of crop damage in parts of Maharashtra and southern India due to heavy rainfall in the past few days, they said. The extent of damage is still unclear and it could take another 7–10 days to assess it, they said. In the near term, the market will keep an eye on weather developments over southern India, they said.

 

The most-active October contract of JEERA fell nearly 1% to INR 18,830 per 100 kg due to sluggish demand, rising arrivals, and sufficient availability of stock, SMC Global said. Market sentiment remains weak due to the availability of abundant supply, they said. About 300,000–400,000 bags (1 bag = 50 kg) of the spice are expected to be traded by the season's end, leaving a sizeable carry-forward stock of around 1.6 million bags, Kedia Advisory said in a statement.

 

The most-active October contract of CORIANDER was down 0.1% at INR 8,266 per 100 kg as buying interest remained subdued despite a fall in arrivals in major supply centres, SMC Global said. "Both domestic players and exporters are adopting a cautious stance at present," the brokerage said. However, prices could be supported in the medium term due to a rise in festival demand, they said.

 

Contract	Exchange	Unit (kg)	Price (INR)	Change (INR)
Coriander Oct	NCDEX	100	8,266	(-)10
Jeera Oct	NCDEX	100	18,830	(-)180
Turmeric Oct	NCDEX	100	12,252	(-)166

 

End

 

Edited by Nishant Maher

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.