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Informist, Tuesday, Nov. 4, 2025

 

By Shreya Shetty

 

MUMBAI – Futures contracts of turmeric and coriander rose, while those of jeera fell on the National Commodity and Derivatives Exchange on Tuesday. Prices of turmeric and coriander were up due to a rise in wedding season demand, analysts said. Prices of turmeric were further supported by rising concerns about crop damage in key producing regions, they said. Prices of jeera fell due to profit-booking after the recent sharp rally, they said. 

 

The most-active December contract of TURMERIC rose 0.4% to INR 14,730 per 100 kg due to higher demand for the wedding season amid supply tightness, analysts at SMC Global said. Prices were also supported by the market's apprehension regarding yield losses in the standing turmeric crop in Maharashtra, SMC Global said. In Nanded, Maharashtra, around 15% of the turmeric acreage has been damaged due to excessive and unseasonal rainfall, Kedia Advisory said in a note. 

 

Though no major crop damage is being reported in Andhra Pradesh as of now, the market is closely monitoring weather developments in the state, SMC Global said. Andhra Pradesh was hit by cyclone 'Montha' last week, which had triggered extremely heavy rainfall over most parts of the state.

 

The most-active November contract of JEERA was down 0.2% at INR 20,300 per 100 kg due to profit-booking after the recent sharp rally, SMC Global said. Prices are likely to be weighed down further as selling pressure on farmers has increased at higher price levels, the brokerage said. While wedding season demand could lift prices, a steep rise is unlikely due to the availability of ample carry-forward stocks, Kedia Advisory said.

 

The most-active November contract of CORIANDER rose 0.2% to INR 8,330 per 100 kg, supported by firm sentiment in the spot market and consistent buying interest, SMC Global said. Hope of a rise in demand for the upcoming marriage season amid lower arrivals is expected to provide additional support, the brokerage said.

 

Contract	Exchange	Unit (kg)	Price (INR)	Change (INR)
Coriander Nov	NCDEX	100	8,330	14
Jeera Nov	NCDEX	100	20,300	(-)40
Turmeric Dec	NCDEX	100	14,730	56

 

End

 

Edited by Avishek Dutta

 

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