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Informist, Tuesday, Dec. 9, 2025

 

By Pallavi Singhal

 

NEW DELHI – Futures contracts of jeera and coriander fell while those of turmeric were up on the National Commodity and Derivatives Exchange Tuesday. Prices of turmeric rose supported by concerns over crop damage across key growing regions, analysts said. Contracts of jeera and coriander slipped on profit booking, Alok Pandey, analyst at SMC Global Securities, said.

 

At 1558 IST, the most-active April contract of TURMERIC was up 0.8% at INR 14,828 per 100 kilograms supported by concerns over crop damage across key growing regions, Kedia advisory said in a note. Heavy rains in Maharashtra, Andhra Pradesh, and Karnataka have affected yields, and inflows into the Erode market from these states reflect the ongoing supply stress, the brokerage said. 

 

However, any steep upside is unlikely owing to impending new crop arrivals set to begin late December or early January, SMC Global Securities said. 

 

The most-active January contract of JEERA fell 0.2% to INR 20,910 per 100 kg owing to ongoing profit booking at higher levels following steep rally started in early October, according to Pandey. 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 the rupee against dollar is likely to be supportive during mid-term, he added.

 

The most-active January contract of CORIANDER was down 0.5% at INR 10,410 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	10,410	(-)52
Jeera Jan	NCDEX	100	20,910	(-)45
Turmeric Apr	NCDEX	100	14,828	114

 

 

End

 

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

 

Edited by Vandana Hingorani

 

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