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Informist, Tuesday, Nov. 18, 2025

By Pallavi Singhal

NEW DELHI – Futures contracts of coriander and turmeric rose while those of jeera fell on the National Commodity and Derivatives Exchange on Tuesday. Turmeric contracts rose as low prices attracted buyers. Coriander was up on strong wedding season demand. Jeera fell due to ample availability of stock.

At 1622 IST, the most-active December contract of TURMERIC was up 0.4% at INR 14,450 per 100 kg on buying interest at lower prices following the recent fall. Turmeric futures are likely to move in the INR 13,980–INR 14,780 range, SMC Global Services said in a note. The long-term trend is seen bullish given the background of supply tightness amid good seasonal demand, SMC Global said. Continued seasonal buying, along with concerns over potential yield losses caused by heavy rainfall in Maharashtra, are likely to keep prices firm in the near term amid a limited supply situation, it added.

The most-active December contract of JEERA was down 1% at INR 21,150 per 100 kg on ample stock availability. Comfortable domestic stocks and subdued export interest are also weighing on sentiment, with most current demand being fulfilled from existing inventories, Kedia Advisory said in a note. According to the brokerage, farmers hold around 2 million bags of cumin, of which only 300,000–400,000 bags are expected to be traded this season, leaving a heavy carry-forward stock of nearly 1.6 million bags. However, the downside is likely to be limited due to seasonal buying as well as delayed sowing and expectations of lower acreage in the ongoing season, SMC Global said. 

The most-active December contract of CORIANDER rose 0.5% to INR 8,594 per 100 kg, supported by strong marriage-season demand, reduced arrival pressure, and with overseas demand for upcoming Ramadan, analysts said. Steady buying from traders and retailers, along with tight supply conditions, continues to bolster overall market sentiment, they said.

End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Edited by Ashish Shirke

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