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Informist, Saturday, Nov. 22, 2025

 

By Pallavi Singhal

 

NEW DELHI – Futures contracts of all spices were down on the National Commodity and Derivatives Exchange on Monday. Prices fell on profit booking after the most active contracts of turmeric, jeera, and coriander hit monthly and yearly highs, analysts said.

 

At 1528 IST, the most-active April contract of TURMERIC was down 1% at INR 14,650 per 100 kg after hitting a two-month high of INR 15,092 per 100 kg during the day, as prices rose on concerns over crop damage due to unfavourable weather in key producing regions.

 

Heavy to very heavy rainfall has been lashing Tamil Nadu since last week due to the formation of two cyclonic storms back to back— cyclone Senyar and cyclone Ditwah. Continuous heavy rainfall in the state has resulted in disease outbreaks in the standing turmeric crop and raised worries of a drop in yield, Kedia Advisory said in a note. Tight supplies and steady seasonal demand is likely to keep prices supported, SMC Global said in a note.

 

The most-active December contract of JEERA was down 1.7% at INR 21,830 per 100 kg due to profit-booking after prices surged to a six-month high of INR 22,470 per kg earlier on Monday. Prices have been rising due to adverse weather conditions, which have resulted in delayed sowing across major growing regions. "Uneven rainfall has slowed field preparations in Gujarat, leading to one of the slowest sowing seasons in recent years," Kedia Advisory said. Sowing of jeera is seen around 1 million hectares in 2025-26, down from 1.17 million hectares last year, according to analysts.

 

The most-active December contract of CORIANDER was down 2% to INR 10,456 per 100 kg, after the contract hit a one-year high of INR 10,772 per 100 kg earlier in the day. Coriander prices have been rising on reports of lower acreage and steady demand during the ongoing wedding season. Prices are seen supported by demand for Ramadan from West Asian countries, according to SMC. The brokerage sees coriander futures firm, moving in the range of INR 10,600–INR 10,740 per 100 kg. 

 

Contract	Exchange	Unit (kg)	Price (INR)	Change (INR)
Coriander Dec	NCDEX	100	10,456	(-)210
Jeera Dec	NCDEX	100	21,830	(-)375
Turmeric Apr	NCDEX	100	14,650	(-)158

 

End

 

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

 

Edited by Vandana Hingorani 

 

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