India Spices
Coriander falls further on profit booking; turmeric, jeera up
This story was originally published at 15:44 IST on 2 January 2026
Register to read our real-time news.Informist, Friday, Jan. 2, 2026
By Pallavi Singhal
NEW DELHI – Futures contracts of jeera and turmeric rose and those of coriander fell on the National Commodities and Derivatives Exchange on Friday. Turmeric prices were up on strong seasonal demand and tight supply, analysts said. Prices of jeera rose due to a fall in acreage. Coriander prices continued the fall for the second day on profit booking at higher levels, they said.
At 1520 IST, the most-active April contract of TURMERIC was up 3.2% at INR 18,376 per 100 kilograms buoyed by good buying appetite amid tight supply, analysts at SMC Global Securities said. Tight supply condition owing to limited carry over stocks from the previous season are lending support, while fresh arrivals are expected only by late January, it said.
The most-active January contract of JEERA was up 2.3% at INR 22,915 per 100 kg with strong export demand and lower sowing levels supporting the overall market tone, SMC said. Data from the Gujarat Agriculture Department indicates that jeera acreage has fallen 19% on year to 375,000 hectares as of Dec. 29, down from 464,000 hectares in the previous season.
The most-active January contract of CORIANDER was down 0.5% at INR 10,200 per 100 kg due to profit booking after prices crossed the INR 10,400 levels Wednesday, analysts at SMC Global said. However, good exports demand and report of a drop in acreage in the ongoing sowing season are likely to keep prices up in the near term, the brokerage said.
|
Contract |
Exchange |
Unit (kg) |
Price (INR) |
Change (INR) |
|
Coriander Jan |
NCDEX |
100 |
10,200 |
(-)52 |
|
Jeera Jan |
NCDEX |
100 |
22,915 |
510 |
|
Turmeric Apr |
NCDEX |
100 |
18,376 |
576 |
End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Edited by Akul Nishant Akhoury
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