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Informist, Monday, Dec. 8, 2025

 

By Pallavi Singhal

 

NEW DELHI – Futures contracts of all spices fell on the National Commodity and Derivatives Exchange Monday. Prices of turmeric fell on subdued buying ahead of new crop arrivals while those of jeera and coriander slipped on profit booking, Alok Pandey, analyst at SMC Global Securities, said.

 

At 1439 IST, the most-active April contract of TURMERIC was down 0.5% at INR 14,690 per 100 kilograms on subdued buying at higher prices, especially with new crop arrivals set to begin by late December or early January, supported by increased acreage and improved yields, SMC Global securities said in a note. 

 

The most-active January contract of JEERA fell 2.7% to INR 21,070 per 100 kg owing to profit booking at higher levels following steep rally started in early October, Pandey said. Prices had been rising because of adverse weather conditions, which resulted in delayed sowing across major jeera-growing regions.

 

However, the downside is seen limited on the back of lower sowing coverage, he said. Moreover, an uptick in domestic as well as export demand due to a fall in value of rupee against dollar is likely to be supportive during mid-term, he added. As per Gujarat Agriculture department, jeera has been sown on 1,94,775 hectares as of Dec. 1, down 8% compared with the same period last year.

 

The most-active January contract of CORIANDER was down 0.8% at INR 10,418 per 100 kg. Pandey attributed the price fall to a market correction, noting that coriander had risen more than 33% since late October before finally entering a corrective phase last week. "Though, some apprehensions for some more corrections exist, overall prices are expected to remain elevated owing to good export as well as local demand amidst anticipation of lower sowing compared to last year as farmers are reportedly shifting toward more profitable crops like wheat and chana," he said. 

 

Contract	Exchange	Unit (kg)	Price (INR)	Change (INR)
Coriander Jan	NCDEX	100	10,418	(-)80
Jeera Jan	NCDEX	100	21,070	(-)580
Turmeric Apr	NCDEX	100	14,690	(-)72

 

End

 

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

 

Edited by Subhojit Sarkar

 

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