India Spices
Turmeric sharply up on limited supply, festive demand; jeera dn
This story was originally published at 16:14 IST on 13 October 2025
Register to read our real-time news.Informist, Monday, Oct. 13, 2025
By Pallavi Singhal
NEW DELHI – Futures contracts of turmeric rose while those of jeera and coriander fell on the National Commodity and Derivatives Exchange Monday. Prices of turmeric rose due to limited supply and a good buying appetite, analysts said. Festival demand also supported turmeric prices, they said. Prices of jeera fell due to higher arrivals and weak demand, and those of coriander were down due to weaker demand, they said.
The most-active December contract of TURMERIC saw a sharp rise, up 6% at INR 13,560 per 100 kg on the back of high demand amid limited supply in domestic markets, SMC Global said in a note. Heavy rainfall in many regions has damaged the standing crop, with around 15% of crop loss reported in Nanded, Maharashtra, which is also pushing the market up, Kedia Advisory said. Moreover, the demand is being supported by the festival season which has helped keep prices higher, analysts at SMC Global Securities said. The firm sees this trend continuing for the next few days.
The most-active November contract of JEERA fell 0.4% to INR 19,090 per 100 kg as steady local arrivals and cautious stockist participation continued to weigh on market sentiment, SMC said. Subdued export activity and lacklustre domestic demand are seen further limiting any significant upside in the near term. Any upward movement is expected to encounter resistance at higher levels, reinforcing the prevailing bearish outlook, SMC Global said.
The most-active November contract of CORIANDER declined 0.3% to INR 8,294 per 100 kg as weak demand persisted in spot markets, analysts said. However, the fall in prices could be limited due to a likely rise in festival demand, especially in Rajasthan and Madhya Pradesh, SMC Global said. Renewed export interest from Asian and West Asian buyers is another reason for the positive near-term outlook, the brokerage added.
|
Contract |
Exchange |
Unit (kg) |
Price (INR) |
Change (INR) |
|
Coriander Nov |
NCDEX |
100 |
8,294 |
(-)22 |
|
Jeera Nov |
NCDEX |
100 |
19,090 |
(-)80 |
|
Turmeric Dec |
NCDEX |
100 |
13,560 |
766 |
End
Edited by Tanima Banerjee
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 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
