More Stories

Informist, Friday, Jun. 5, 2026

 

By Afra Abubacker 

 

NEW DELHI – Futures contracts of jeera extended gains on the National Commodity and Derivatives Exchange Friday, as renewed demand emerged at lower price levels. Rising supplies continued to weigh on turmeric prices, while coriander contracts fell despite tight supplies amid limited demand at prevailing rates. 

 

The most-active June contract of JEERA rose 0.7% to INR 19,035 per 100 kilograms. The contract rose slightly amid fresh export demand and inventory replenishment at prevailing rates. "Market sentiment improved as European and North American importers returned to the market, particularly seeking residue-compliant and high-specification cumin lots," Kedia Advisory said. 

 

"In addition, large industrial processors have started replenishing inventories at current price levels, providing support to demand," it added. However, the gains were limited amid ample market supplies. 

 

The most active June contract of TURMERIC was down 0.8% at INR 15,454 per 100 kg, as increased arrivals across major producing regions created short-term supply pressure in the market. "Farmers in Telangana and Maharashtra accelerated stock liquidation to generate funds for upcoming kharif sowing activities, leading to higher arrivals in local mandis," Kedia Advisory said. In May, turmeric arrivals were 124% higher on year at 71,694 tonnes across the major markets, SMC Global Securities said.

 

Turmeric prices are expected to trade sideways in the range of INR 15,180–INR 15,980, owing to ongoing arrival pressure, which is likely to limit any steep price surge, SMC Global added. 

 

The most-active June contract of CORIANDER fell 0.8% to INR 12,490 per 100 kg, as demand continues to be limited at higher price levels despite a notable decline in market arrivals. Coriander arrivals across major mandis fell 48% on year to 14,425 tonnes in May amid lower production, SMC Global Securities said.

 

Though coriander prices have eased from the record high of INR 13,798 seen in April, they are still high. Coriander had last traded around INR 13,500 per 100 kg in June 2015.

 

The following were the closing prices of the most active spice contracts Friday:

 

Contract	Exchange	Unit (kg)	Price (INR)	Change (INR)
Coriander June	NCDEX	100	12,490	-94
Jeera June	NCDEX	100	19,035	130
Turmeric June	NCDEX	100	15,454	-124

 

End

 

Edited by Avishek Dutta

 

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 (11) 4220-1000

Send comments to feedback@informistmedia.com

 

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