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Informist, Monday, Feb. 2, 2026

 

By Shreya Shetty

 

MUMBAI – Futures contracts of turmeric fell, while those of jeera and coriander rose on the National Commodity and Derivatives Exchange on Monday. Turmeric prices were weighed down by a rise in arrivals of the new crop in key producing regions, analysts said. Prices of jeera and coriander rose due to fears of lower production, they said.

 

The most-active April contract of TURMERIC was down 0.7% at INR 16,212 per 100 kilograms due to a gradual rise in new-crop arrivals across key producing states such as Andhra Pradesh and Maharashtra, analysts at SMC Global Securities said. The pressure from arrivals is expected to intensify in the coming months, keeping prices under check, SMC Global said.

 

Despite concerns over the quality of early arrivals, the expanding supply may continue to weigh on the sentiment, SMC Global said. Excessive rainfall from August to September caused waterlogging and disease in parts of Marathwad in Maharashtra, affecting crop quality, Kedia Advisory said in a note. 

 

The most-active March contract of JEERA was up 0.5% at INR 23,600 per 100 kg, driven by low arrivals and delayed sowing. As of Monday, cumin acreage in Gujarat, one of the key producing regions of the spice, fell to 408,199 hectares from 476,537 hectares a year ago, data from the state agriculture department showed. Delayed field readiness has made cumin sowing in Gujarat one of the slowest sowing seasons in recent years, Kedia Advisory said.  

 

The most-active April contract of CORIANDER was up 0.8% at INR 11,718 per 100 kg due to a drop in acreage so far and fears of crop damage, Kedia Advisory said. As of Monday, the area sown under coriander in Gujarat was down at 126,470 hectares from 130,731 hectares a year ago. A continuous wet spell and below-normal temperatures in Rajasthan have increased the risk of frost and disease in the crop, the brokerage said.

 

Contract	Exchange	Unit (kg)	Price (INR)	Change (INR)
Coriander Apr	NCDEX	100	11,718	98
Jeera Mar	NCDEX	100	23,600	125
Turmeric Apr	NCDEX	100	16,212	(-)114

 

End

 

Edited by Saji George Titus

 

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