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Informist, Friday, Nov. 28, 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 Friday. Prices of turmeric rose as incessant rainfall in Tamil Nadu fanned fears of a drop in crop yield further, analysts said. Prices of jeera fell due to profit booking, while prices of coriander maintained levels above the INR 10,000 per 100 kilogram mark on persistent worries of lower acreage and ongoing seasonal demand, they said. 

 

The most-active December contract of TURMERIC rose 1.5% to INR 14,660 per 100 kg as crop damage concerns rose further due to unfavourable weather in key producing regions. Heavy to very heavy rainfall has been lashing Tamil Nadu this week due to the presence of the cyclonic storm "Senyar". Continuous heavy rainfall in the state has resulted in disease outbreaks in the standing turmeric crop and has raised worries of a drop in yield, Kedia Advisory said in a note.

 

The India Meteorological Department has forecast extremely heavy rainfall in the state in the next few days due to the formation of another cyclonic storm "Ditwah", which is likely to keep prices supported in the near term.

 

The most-active December contract of JEERA was down 0.69% at INR 21,925 per 100 kg due to profit-booking after prices surged this week, analysts said. Prices had risen due to adverse weather resulting in delayed sowing across major growing regions such as Rajasthan and Gujarat. Sowing of jeera is seen around 1 million hectare in 2025-26, down from 1.17 million hectares last year, according to analysts. "One of the major reasons for lower sowing this time, apart from weather-related concerns, is farmers shifting to other crops. Returns from jeera have been less than last year, so farmers shifted to lucrative crops such as chana and mustard," said Hariprakash Sharma, commodity analyst at Igrain India.

 

The fall in prices is likely to be limited as supply tightness persists due to logistical and weather disruptions in India and West Asia, Kedia Advisory said.

 

The most-active December contract of CORIANDER rose 0.4% to INR 10,370 per 100 kg, maintaining their levels above the INR 10,000 per 100 kg mark for the second consecutive day due to reports of a lower acreage and steady demand during the ongoing wedding season, SMC Global said. Prices were also supported by demand for Ramadan from West Asian countries, the brokerage said.

 

Contract	Exchange	Unit (kg)	Price (INR)	Change (INR)
Coriander Dec	NCDEX	100	10,370	44
Jeera Dec	NCDEX	100	21,925	(-)195
Turmeric Dec	NCDEX	100	14,660	212

 

End

 

Edited by Akul Nishant Akhoury

 

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