India Spices
All down; coriander falls sharply on profit booking
This story was originally published at 18:14 IST on 26 February 2026
Register to read our real-time news.Informist, Thursday, Feb. 26, 2026
By Afra Abubacker
NEW DELHI – Futures contracts of all spices fell on the National Commodity and Derivatives Exchange. Coriander fell sharply as traders booked profits after prices hit a near three-week high on Wednesday. Increased arrivals and subdued demand continued to weigh on turmeric and jeera, according to analysts.
The most-active April contract of CORIANDER was down 4.6% at INR 11,320 per 100 kg as traders booked profits after prices rose nearly 5% in the previous session. On Wednesday, the contract hit an almost three-week high of INR 11,950 amid strong demand ahead of Holi and the ongoing wedding season.
Though higher supplies weighed on the sentiment, there was a persistent demand for good-quality arrivals, SMC Global Securities said in a report. "Despite strong arrivals currently, an anticipated lean supply phase ahead of the August harvest may underpin prices over the medium to long term," the brokerage said.
The most-active April contract of TURMERIC was down 2.6% at INR 15,558 per 100 kilograms as bulk buyers have restricted purchases at higher price levels. However, the downside is likely to be limited amid wedding-related purchases and export demand.
The most-active March contract of JEERA was down 2% at INR 22,030 per 100 kg, weighed down by fresh market arrivals and adequate stocks, prompting traders to delay fresh purchases, SMC Global said. Prices are likely to be further under pressure as arrivals gather momentum from March, the brokerage said.
Following were the closing prices of the most-active contracts of spices:
Contract | Exchange | Unit (kg) | Price (INR) | Change (INR) |
Coriander Apr | NCDEX | 100 | 11,320 | -544 |
Jeera Mar | NCDEX | 100 | 22,030 | -465 |
Turmeric Apr | NCDEX | 100 | 15,558 | -414 |
End
Edited by Akul Nishant Akhoury
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:
