India Spices
Most up; turmeric rises more on below-normal arrivals
This story was originally published at 20:20 IST on 20 May 2026
Register to read our real-time news.Informist, Wednesday, May 20, 2026
By Afra Abubacker
NEW DELHI – Futures contracts of most spices rose Wednesday on the National Commodity and Derivatives Exchange. Turmeric prices continued to gain on concerns over below-normal arrivals in some markets, while weather-related disruptions supported jeera prices, analysts said.
The most-active June contract of TURMERIC was up 1% at INR 16,030 per 100 kilograms, as below-normal arrivals and quality concerns supported prices. Farmers and stockists are holding back supplies in Sangli, Maharashtra, and Nizamabad, Telangana, in anticipation of higher prices. "Turmeric gained as arrivals have remained lower than normal for this peak season, creating an immediate supply squeeze," Kedia Advisory said.
The most-active June contract of JEERA was up 1% at INR 19,650 per 100 kg amid concerns over crop quality and weather-related disruptions in major producing regions. "Jeera gained as recent thunderstorms and hail in Rajasthan have damaged the standing crop at the harvest stage, leading to fears of lower supply," Kedia Advisory said.
The most-active June contract of CORIANDER was down 0.1% at INR 12,918 per 100 kg amid near-term comfortable supplies. However, losses were limited as arrivals have started to decline in Gujarat, while supplies from Madhya Pradesh and Rajasthan are yet to witness any significant depletion, SMC Global Securities said. "This may provide underlying support to prices going forward, if arrivals continue to ease across other producing regions as well," it added.
The following were the closing prices of the most active spices contracts on Wednesday:
|
Contract |
Exchange |
Unit (kg) |
Price (INR) |
Change (INR) |
|
Coriander June |
NCDEX |
100 |
12,918 | -10 |
|
Jeera June |
NCDEX |
100 |
19,650 | 165 |
|
Turmeric June |
NCDEX |
100 |
16,030 | 124 |
End
Edited by Saji George Titus
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