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Informist, Wednesday, Feb. 18, 2026

By Pallavi Singhal

NEW DELHI – Futures contracts of all the spices traded on the National Commodity and Derivatives Exchange rose Wednesday. Turmeric prices have been rising after they fell to their lowest level so far in 2026 on Monday while jeera prices rose after hitting the month's low Tuesday. Coriander prices were up on lower pace of arrivals.

The most-active April contract of TURMERIC was up 1.5% at INR 15,322 per 100 kilograms, after it Monday fell to a low of INR 14,800 so far in 2026 as arrivals rose in the domestic markets. Farmers and stockists have reportedly reduced their holdings, tightening near-term supplies and lending strength to prices ahead of the new crop, the brokerage said.

However, gains may be capped as fresh arrivals in Erode, Tamil Nadu, are expected to pick up over the next couple of weeks, it said.

The most-active March contract of JEERA was up 2.5% at INR 22,895 per 100 kg, supported by lower sowing and concerns over crop, Kedia Advisory said. In Gujarat, acreage is down 14.34% year on year at 408,000 hectares, marking one of the slowest sowing seasons in recent years, it said. Prices were also up after they fell to a one-month low of INR 21,825 per 100 kg Tuesday.

Prices have been sliding as arrivals of the new crop have started trickling into some markets. Prices are expected to remain pressured as arrivals gather momentum from March, SMC Global said.

The most-active April contract of CORIANDER was up 3.3% at INR 10,792 per 100 kg due to a drop in acreage as well as the low pace of arrivals, SMC Global said. A prolonged wet spell and below-normal temperatures in Rajasthan have increased the risk of frost and crop diseases, the brokerage said. Going ahead, inventories, the pace of arrivals, and weather-related developments are expected to shape market sentiment, the brokerage said in a report.

The following were the prices of the most-active spices contracts: 

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Edited by Ashish Shirke

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