More Stories

Informist, Wednesday, Apr. 1, 2026

 

By Pallavi Singhal

 

NEW DELHI – Futures contracts of all spices traded on the National Commodity and Derivatives Exchange rose Wednesday. Coriander prices were supported by expectation of reduced production and tightening supplies, analysts said. Jeera prices inched up due to concerns over weather disruptions in key producing regions, while turmeric futures contracts rose on lower arrivals coupled with a steady demand for the spice.

 

At 1610 IST, the most active April contract of TURMERIC was up 0.6% at INR 12,478 per 100 kilograms on lower arrivals amid steady domestic and overseas demand. The Marathwada region is currently witnessing arrivals of only 5,000–6,000 bags (40 kg each), SMC Global Securities said in a note. The region accounts for nearly 40% of the total output.

 

Lower carry-forward stocks and reduced holdings by farmers and stockists are also strongly supporting prices, Kedia said in a note. Weather disruptions, including heavy rainfall and disease issues, have impacted yields in key states like Maharashtra, Andhra Pradesh, and Karnataka, with nearly 15% of the crop affected in some regions, as per the brokerage.

 

However, the upside is seen limited as the pace of arrivals is expected to accelerate to 100,000 bags per day in April, SMC said.

 

The most-active May contract of CORIANDER was up 0.7% at INR 15,710 per 100 kg, supported by strong buying interest amid lower sowing acreage and expectations of a relatively weaker crop this season, SMC Global said. About 40–50% of the total crop has already reached markets, the brokerage said. Further inflows from key producing states such as Rajasthan and Madhya Pradesh are expected in the coming days, it added. 

 

The most-active May contract of JEERA was up 0.7% at INR 22,430 per 100 kg, supported by weather concerns in key producing regions. Rising temperatures in north Gujarat, as flagged by the India Meteorological Department, could impact seed development in late-sown crops, potentially reducing yields further, Kedia Advisory said. Overall production is estimated to decline around 5% this year, with Gujarat seeing a sharp drop due to reduced acreage and weaker yields, the advisory said.

 

However, the upside remains limited as new crop arrivals have started entering the market and are expected to pick up pace in the coming weeks.

 

Following were the prices of the most-active spices contracts at 1610 IST:

 

Contract	Exchange	Unit (kg)	Price (INR)	Change (INR)
Turmeric Apr	NCDEX	100	12,478	74
Jeera May	NCDEX	100	22,430	165
Coriander May	NCDEX	100	15,710	108

 

End

 

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Tanima Banerjee

 

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 /+91 (11) 4220-1000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.