India Spices
All up; Turmeric up on tight supply, coriander on lower area
This story was originally published at 15:53 IST on 22 December 2025
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By Pallavi Singhal
NEW DELHI – Futures contracts of all spices rose on the National Commodities and Derivatives Exchange on Monday. Turmeric prices were up on strong seasonal demand and tight supplies, coriander on export demand, and jeera due to a decline in sowing area, analysts said.
At 1548 IST, the most-active April contract of TURMERIC was up 2.8% at INR 16,100 per 100 kilogram, supported by seasonal demand and tight supplies due to last year's smaller crop, SMC Global said. Fresh arrivals from the new crop are likely to begin in January, the brokerage said. Higher sowing coverage and favourable weather conditions suggest production should be higher than last year, which may weigh on prices, the brokerage said. But carry-forward stocks are at record-low levels relative to historical averages, which will keep prices high, the brokerage said.
The most-active January contract of JEERA was up 4.5% at INR 22,100 per 100 kg due to a fall in acreage in the ongoing sowing season and consistent demand, SMC Global said. Weather-related delays and uneven rainfall continue to hinder sowing in the ongoing rabi season, providing near-term support to prices, Kedia Advisory said.
The most-active January contract of CORIANDER was up 4% at INR 10,500 per 100 kg on reports of lower sowing coverage and higher export demand, SMC Global said. Farmers are reportedly shifting to more profitable crops like wheat and chana, keeping overall coverage lower this season, SMC said. However, the brokerage sees the contract trading "sideways" with firm bias owing to subdued demand at prevailing high price levels.
|
Contract |
Exchange |
Unit (kg) |
Price (INR) |
Change (INR) |
|
Coriander Jan |
NCDEX |
100 |
10,500 |
400 |
|
Jeera Jan |
NCDEX |
100 |
22,100 |
950 |
|
Turmeric Apr |
NCDEX |
100 |
16,100 |
432 |
End
Edited by Saji George Titus
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