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Informist, Wednesday, Dec. 31, 2025

 

By Pallavi Singhal

 

NEW DELHI – Futures contracts of all spices rose on the National Commodities and Derivatives Exchange on Wednesday. Turmeric prices were up on strong seasonal demand and tight supply, analysts said. Prices of jeera also rose due to a fall in acreage while coriander prices rose on export demand and reports of a drop in acreage, they said.

 

At 1400 IST, the most-active April contract of TURMERIC rose 0.9% to INR 17,398 per 100 kilograms due to firm export and domestic demand, analysts at SMC Global Securities said. Tight supply conditions owing to limited carry over stocks from the previous season are lending further support, while fresh arrivals are expected only by late January, it said.

 

However, price increases are likely to be limited, given reports of higher acreage during the ongoing sowing season. Turmeric acreage across the country is estimated at 302,000 hectares, up around 4% on year, Kedia Advisory said. 

 

The most-active January contract of JEERA was up 0.5% at INR 22,485 per 100 kg as weather-related issues and delay in rabi sowing led to a sharp decline in acreage across the country. Strong export demand for the spice also supported prices, SMC Global said.

 

The most-active January contract of CORIANDER was up 2% at INR 10,450 per 100 kg on good export demand and reports of a drop in acreage in the ongoing sowing season, SMC Global said. However, the upside is seen capped by profit booking at higher levels, SMC said. 

 

Contract	Exchange	Unit (kg)	Price (INR)	Change (INR)
Coriander Jan	NCDEX	100	10,450	212
Jeera Jan	NCDEX	100	22,485	100
Turmeric Apr	NCDEX	100	17,398	156

 

End

 

Edited by Akul Nishant Akhoury

 

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