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Informist, Tuesday, Oct. 14, 2025

 

By Pallavi Singhal

 

NEW DELHI – Futures contracts of spices continued to show a divergent trend on the National Commodity and Derivatives Exchange Tuesday, with turmeric prices rising and those of jeera and coriander falling. Prices of turmeric have been rising because of limited supply and good buying appetite, traders said. Festival demand is also supporting the rise. Prices of jeera have been down on higher arrivals and weak demand, they said. Those of coriander are down largely because of weak demand.

 

The most-active December contract of TURMERIC saw another sharp rise and was up 3.2% at INR 14,000 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% crop loss reported in Nanded, Maharashtra, which is also pushing the prices higher, Kedia Advisory said. Prices are also being supported by festival season demand, 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 0.2% to INR 19,100 per 100 kg as steady local arrivals and cautious stockist participation continued to weigh on market sentiment, SMC Global 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 1.3% to INR 8,180 per 100 kg as weak demand persisted in spot markets, analysts said. However, the fall in prices could be limited by 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	8,180	(-)108
Jeera Nov	NCDEX	100	19,100	(-)25
Turmeric Dec	NCDEX	100	14,000	440

 

End

 

Edited by Rajeev Pai

 

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