Turmeric prices increased by 0.44% to Rs 14,728, driven by apprehensions regarding crop damage in crucial agricultural areas of Maharashtra, Andhra Pradesh, and Karnataka as a result of excessive rainfall. The persistent rainfall in Erode has led to a rise in arrivals from neighboring states, while simultaneously instigating outbreaks of disease, thereby complicating the processes of storage and preservation.

Significant rainfall in Nanded has exacerbated conditions, impacting approximately 15% of the cultivated area. This supply disruption has bolstered prices; however, the increases are constrained by anticipations of expanded acreage this season, underpinned by favorable early rains and improved sowing conditions. In Warangal, the stocks of turmeric held by farmers are nearing depletion, and the lack of new arrivals in recent days has contributed to the stability observed in spot markets. Preliminary estimates indicate that turmeric acreage may rise by 15–20% for the 2024–25 season, potentially reaching 3.30 lakh hectares, up from 3 lakh hectares in the previous year.

At the Duggirala market, robust buyer demand for fresh crop arrivals persists, with newer stock commanding a premium owing to its superior quality. During the period from April to July 2025, turmeric exports experienced a growth of 2.29%, reaching 63,020 tonnes compared to 61,610 tonnes in the same timeframe the previous year. Notably, exports in July saw a month-on-month increase of 9.31%, indicating a strengthening global demand.

In technical terms, the market experienced new buying activity, evidenced by a modest increase in open interest of 0.04%, reaching 12,215 contracts, alongside a price increase of Rs 64. Turmeric is currently experiencing support levels at Rs 14,500 and Rs 14,270, while resistance appears to be positioned at Rs 14,970 and Rs 15,210. A breach of Rs 15,210 may pave the way for additional bullish momentum.