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Informist, Thursday, Nov. 6, 2025

By Pallavi Singhal

NEW DELHI – Futures contracts of turmeric rose and jeera fell on the National Commodity and Derivatives Exchange Thursday, while coriander contracts were little changed. Turmeric prices gained amid firm demand ahead of the wedding season and tight supplies, whereas jeera prices declined as traders booked profits following the recent sharp rally, analysts said.

The most-active December contract of TURMERIC rose 0.2% to INR 14,650 per 100 kilograms due to higher demand ahead of the wedding season amid supply tightness, analysts at SMC Global said. Prices were also supported by the market's apprehension regarding yield losses to the standing turmeric crop in Maharashtra, the brokerage said. In Nanded, Maharashtra, around 15% of the turmeric acreage has been damaged due to excessive 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 triggered extremely heavy rainfall over most parts of the state.

The most-active November contract of JEERA fell 0.4% to INR 20,110 per 100 kg as prices kept correcting after the recent sharp rally, SMC Global said. Prices have been falling since hitting a high of INR 20,380 per 100 kg on Tuesday. Prices are likely to be weighed down further as selling pressure from farmers has increased at higher price levels, the brokerage said. While wedding season demand could lift prices, a steep rise is unlikely given ample carry-forward stocks, Kedia Advisory said.

The most-active November contract of CORIANDER was flat at INR 8,330 per 100 kg. Analysts at SMC Global expect the commodity to trade "sideways" in the coming days, with a slight positive bias, supported by steady marriage-season demand and lower market arrivals. Persistent buying interest from traders and retailers amid tight supplies may continue to lend support, limiting any significant downside pressure in the near term, they said.

End

Edited by Saji George Titus

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