India Spices
Turmeric down on profit booking, coriander up on strong demand
This story was originally published at 17:38 IST on 7 January 2026
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By Pallavi Singhal
NEW DELHI – Futures contracts of jeera and turmeric fell while those of coriander were up on the National Commodity and Derivatives Exchange Wednesday. Prices of turmeric fell on profit booking, while jeera was down on lower buying amid high prices. Prices of coriander increased on firm demand and reports of a fall in acreage in the rabi season, analysts said.
The most-active April contract of TURMERIC was down 3% at INR 17,790 per 100 kilograms on profit booking after prices rose to their highest level of INR 19,050 per 100 kg driven by healthy buying interest amid tight supply conditions, SMC Global Securities said in a note. Below-normal spot-market arrivals and sustained export demand have been further supporting prices, Kedia Advisory said in a note.
The most-active March contract of JEERA was down 1.5% at INR 21,740 per 100 kg owing to limited buying interest at higher prices following the recent spike, which was supported by strong export demand and lower sowing, SMC Global said.
The most-active January contract of CORIANDER was up 1.7% at INR 10,130 per 100 kg amid strong domestic and export demand and reports of a fall in acreage in the ongoing sowing season, SMC Global said. However, the upside may be limited as traders may reduce buying at such high prices, SMC said.
|
Contract |
Exchange |
Unit (kg) |
Price (INR) |
Change (INR) |
|
Coriander Jan |
NCDEX |
100 |
10,130 |
166 |
|
Jeera Mar |
NCDEX |
100 |
21,740 |
(-)325 |
|
Turmeric Apr |
NCDEX |
100 |
17,790 |
(-)554 |
End
Edited by Vandana Hingorani
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