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Informist, Thursday, Dec. 11, 2025

By Pallavi Singhal

NEW DELHI – Futures contracts of turmeric rose while those of coriander and jeera fell on the National Commodity and Derivatives Exchange on Thursday. Turmeric prices were up as unfavourable weather in key south Indian states raised concerns about potential crop damage, analysts said. Jeera prices fell due to ample carry-over stocks while coriander weakened on sluggish demand in the spot markets, they added.

At 1655 IST, the most-active April contract of TURMERIC rose 2% to INR 15,842 per 100 kg as unfavourable weather continued to fuel concerns about damage to both standing and harvested crops. Although heavy rainfall has subsided in key producing regions in South India, such as Tamil Nadu, the lack of dry weather has triggered an outbreak of disease in the standing crop, Kedia Advisory said. The presence of excessive moisture in the atmosphere has also hampered the preservation of the harvested and stored crop, it said.

The most-active January contract of JEERA fell 1% to INR 21,250 per 100 kg, pressured by ample availability of stocks, SMC Global said in a note. About 300,000 to 400,000 bags (1 bag = 50 kg) of the spice are expected to be traded by the end of the season, leaving substantial carry-forward stocks of around 1.6 million bags, Kedia Advisory said. However, the fall in prices may be limited owing to lower sowing in the ongoing season, which is seen providing support to prices, SMC Global said.

The most-active December contract of CORIANDER was down 1.7% at INR 10,274 per 100 kg on weak demand in spot markets, analysts said. However, the fall is likely to be limited due to reports of a decline in sowing interest and sustained wedding-season demand, SMC Global said. Total coriander acreage is likely to remain low this year as farmers are reportedly shifting to more profitable crops such as chana and wheat, the brokerage said.

End

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

Edited by Subhojit Sarkar

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