Turmeric yesterday concluded the trading session with a decline of 0.62% at Rs 14,530, influenced by an expansion in cultivated area, bolstered by favorable precipitation during the ongoing sowing period. Nonetheless, the downside was constrained, as yields in Maharashtra, Andhra Pradesh, and Karnataka experienced impacts due to excessive rainfall. Erode has observed a consistent influx of turmeric from these regions; however, persistent rainfall has resulted in disease outbreaks and complications in storage attributable to elevated humidity levels.

In Nanded, substantial rainfall has adversely affected approximately 15% of the standing crop. Concurrently, turmeric inventories in Warangal are nearing depletion, with restricted new arrivals sustaining a robust market sentiment. Preliminary estimates indicate that turmeric acreage could increase by 15–20% to 3.30 lakh hectares in 2024–25, compared to approximately 3 lakh hectares in the previous year, as alternative crops present diminished profitability. Market activity in Duggirala continues to exhibit vigor, with new crop arrivals commanding a premium over older stock. This trend is underpinned by consistent buyer interest and a solid daily trading volume of 1,000–1,200 bags.

In the interim, the Himachal Pradesh government has commenced the procurement of turmeric to advance natural farming practices, with the registration of farmers available from May 15 to June 15, 2025. During the period from April to August 2025, exports experienced a year-on-year increase of 3.31%, totaling 80,156 tonnes. Notably, exports in August saw a rise of 7.27% compared to the previous year and a month-on-month increase of 13.71%. In Nizamabad, spot prices increased by 0.69% to reach 14,370.

Currently, the market is experiencing renewed selling pressure, as evidenced by a 4% increase in open interest, reaching a total of 12,095. Support levels are identified at Rs 14,098 and Rs 13,668, whereas resistance levels are anticipated at Rs 14,904 and Rs 15,280.