India Spices
Turmeric up on concerns over new crop; jeera, coriander down
This story was originally published at 16:53 IST on 23 January 2026
Register to read our real-time news.Informist, Friday, Jan. 23, 2026
By Pallavi Singhal
NEW DELHI – Futures contracts of turmeric rose while those of coriander and jeera declined on the National Commodity and Derivatives Exchange on Friday. Prices of turmeric rose on rising concerns about the quality of the new crop, analysts said. Prices of both coriander and jeera fell amid buying resistance at higher levels, after the spices rose to their one-year highs this week.
At 1617 IST, the most-active April contract of TURMERIC was up 0.5% at INR 17,950 per 100 kilogram, amid uncertainty over the quality of the new crop as arrivals start in Nizamabad, SMC Global said in a note. However, the brokerage sees limited upside owing to a favourable crop size, which will weigh on prices once arrivals begin in full swing. Tight supply due to a weak crop last year is seen as supporting prices to some extent until arrival flows rise, the brokerage said.
The most-active March contract of JEERA was down 1.2% to INR 24,510 per 100 kg on lower demand at higher levels after prices hit a one-year high of INR 25,130 per 100 kg Thursday, analysts said. However, the downside is seen as limited due to strong export demand, festival-season buying, and lower sowing levels, SMC Global said.
The most-active April contract of CORIANDER was down 1.5% to INR 11,300 per 100 kg due to profit booking, 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 11,300-INR 11,540 per 100 kg range. The contract is also likely to face resistance if prices rise above the range, analysts said.
|
Contract |
Exchange |
Unit (kg) |
Price (INR) |
Change (INR) |
|
Coriander Apr |
NCDEX |
100 |
11,300 |
(-)170 |
|
Jeera Mar |
NCDEX |
100 |
24,510 |
(-)300 |
|
Turmeric Apr |
NCDEX |
100 |
17,950 |
96 |
End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Edited by Saji George Titus
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
