Turmeric prices experienced a modest increase of 0.12% to reach Rs 11,794, driven by reports of crop damage resulting from significant rainfall in crucial producing areas, notably Nanded, where approximately 15% of the crop area has been impacted, providing upward pressure on prices. Nonetheless, the increases were constrained by anticipations of expanded acreage this season, supported by beneficial rainfall during the planting period.

The area allocated for turmeric in the 2024–25 period is projected to reach 3.30 lakh hectares, reflecting a 10% increase from the prior year’s 3 lakh hectares. Concurrently, prevailing dry weather conditions are facilitating timely planting activities. Market sentiment has remained robust, as turmeric stocks held by farmers in Warangal are nearly depleted, with no new arrivals reported in recent days. In Duggirala, the influx of new crop arrivals persists in drawing robust buying interest, as the fresh stock commands a premium over the older inventory owing to superior quality.

Market activity continues to be robust, with 50–55% of the new crop already transacted and daily arrivals consistently ranging between 1,000 and 1,200 bags. During the period from April to July 2025, turmeric exports experienced a year-on-year increase of 2.29%, totaling 63,020 tonnes. Additionally, exports in July saw a growth of 9.31% in comparison to June. In the spot market at Nizamabad, prices experienced a decline of 1.2%, settling at 12,755.5.

From a technical perspective, the market is experiencing short covering, evidenced by a 13.79% decrease in open interest, which now stands at 8,130. Turmeric exhibits support levels at Rs 11,690 and subsequently at Rs 11,588, with resistance identified at Rs 11,878 and Rs 11,964 on the upside.