India Spices
Coriander, jeera prices fall after hitting one-year highs
This story was originally published at 18:30 IST on 22 January 2026
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By Pallavi Singhal
NEW DELHI – Futures contracts of all spices fell on the National Commodity and Derivatives Exchange on Thursday. Prices of coriander fell amid resistance at high levels after rising to a one-year high on Wednesday. Jeera prices fell on profit booking after hitting their one-year peak earlier in the day, analysts said. Turmeric fell ahead of the new crop arrivals, analysts said.
The most-active April contract of TURMERIC fell 0.5% to INR 17,856 per 100 kilogram on resistance at higher levels, taking cues from new crop arrivals in some pockets of Nizamabad, SMC Global Securities said in a note. Expectations of improved arrivals with favourable crop size are estimated to weigh on prices in the coming days, but tight supply due to the weak crop last year is seen as supporting prices to some extent till arrival flow rises, the brokerage said.
The most-active March contract of JEERA declined 0.2% to INR 24,825 per 100 kg on profit booking, after prices hit a one-year high of INR 25,130 per 100 kg earlier in the day, analysts said. However, the downside is seen as limited due to strong export demand, festival-season buying, and lower sowing levels, SMC Global said. Low arrivals at Unjha and premium prices for good-quality cumin will also provide support, Kedia Advisory said.
The most-active April contract of CORIANDER fell 4% to INR 11,480 per 100 kg due to resistance at high levels after prices touched a one-year high of INR 12,054 per 100 kg on Wednesday, analysts said. SMC Global sees prices consolidating in the INR 11,900-INR 12,240 per 100 kg range.
|
Contract |
Exchange |
Unit (kg) |
Price (INR) |
Change (INR) |
|
Coriander Jan |
NCDEX |
100 |
11,480 |
(-)488 |
|
Jeera Mar |
NCDEX |
100 |
24,825 |
(-)45 |
|
Turmeric Apr |
NCDEX |
100 |
17,856 |
(-)92 |
End
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