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Informist, Wednesday, Nov. 26, 2025

 

By Shreya Shetty

 

MUMBAI – Futures contracts of turmeric fell, while those of jeera and coriander rose on the National Commodity and Derivatives Exchange on Wednesday. Prices of turmeric were down amid profit-booking and reports of a rise in production, analysts said. Prices of jeera rose due to concerns over a delay in sowing, while coriander prices were supported by lower acreage and the ongoing wedding season demand, they said.

 

The most-active December contract of TURMERIC fell 0.8% to INR 14,080 per 100 kg as profit-booking continued after prices had surged on Monday, analysts said. Prices also fell due to reports of a rise in turmeric production in 2024-25 (Jul-Jun). The government has estimated spices output for the year at 12.5 million tonnes, unchanged from a year ago. The production of garlic, ginger, and turmeric has increased from 2023–24, according to the agriculture ministry.

 

However, the fall in prices could be limited due to ongoing concerns about crop loss and yield across major producing regions, SMC Global said. Incessant rainfall in Erode, Tamil Nadu, has also led to disease outbreaks in the standing turmeric crop and high humidity, making crop preservation difficult, Kedia Advisory said in a note.  

 

The most-active December contract of JEERA was up 1.2% at INR 21,620 per 100 kg as a delay in sowing and weather-related uncertainties are keeping the broader supply outlook tight, Kedia Advisory said. "Reports regarding sowing coverage need to be watched carefully at present. Market trends would largely depend on sowing related progress as of now," analysts at SMC Global said.

 

The most-active December contract of CORIANDER rose 3.5% to INR 9,700 per 100 kg, driven by lower acreage and steady demand for the ongoing wedding season, SMC Global said. Prices are also supported by demand for Ramadan from West Asian countries, the brokerage said. The overall coriander acreage across the country has reduced as farmers have shifted to more profitable crops such as wheat and chana, it said. Demand for Ramadan from West Asian countries is also supporting prices, the brokerage firm said. 

 

Contract	Exchange	Unit (kg)	Price (INR)	Change (INR)
Coriander Dec	NCDEX	100	9,700	328
Jeera Dec	NCDEX	100	21,620	265
Turmeric Dec	NCDEX	100	14,080	(-)114

 

End

 

Edited by Vandana Hingorani

 

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