Turmeric prices experienced a notable increase of 2.04%, concluding at Rs 13,836. This rise is attributed to reports indicating crop damage resulting from excessive rainfall in key growing areas, particularly Nanded, where approximately 15% of the standing crop has been impacted. The decline in stock levels in Warangal, coupled with limited arrivals in recent days, has contributed to the stabilization of prices. Nevertheless, the increases were somewhat restrained by anticipations of expanded acreage this season, as beneficial monsoon conditions prompted farmers to augment sowing by 15–20%.

The projected area for turmeric cultivation in the 2024–25 season is anticipated to reach 3.30 lakh hectares, reflecting a 10% increase compared to the previous year. Despite an increase in acreage, uncertainties related to weather and concerns regarding the distribution of rainfall in certain regions of South India have led to a cautious stance among traders.

At the Duggirala market, new turmeric arrivals are attracting significant buyer interest, as fresh produce is fetching a premium compared to older stock, attributed to superior quality. Daily trading volumes persist within the range of 1,000 to 1,200 bags, with approximately fifty percent of the new crop already transacted. During the period of April to July 2025, turmeric exports increased by 2.29%, reaching 63,020 tonnes, up from 61,609 tonnes in the previous year, indicating a consistent demand from international markets.

From a technical perspective, the market is experiencing renewed buying activity, evidenced by a 5.23% increase in open interest to 11,075, alongside a price rise of Rs 276. Turmeric demonstrates support levels at Rs 13,580 and Rs 13,326, with resistance identified at Rs 14,230; a breakout beyond this threshold may propel prices towards Rs 14,626.