Turmeric yesterday settled up by 3.52% at Rs 15,042 as adverse weather conditions in key growing states—Maharashtra, Andhra Pradesh, and Karnataka—persisted, impacting crop yields. Ongoing precipitation in Erode has led to heightened arrivals from these areas, concurrently instigating disease outbreaks that complicate preservation efforts due to elevated humidity levels. Prices received additional support from reports indicating significant rainfall in Nanded, Maharashtra, which adversely affected approximately 15% of the crop area.

Currently, the inventory of turmeric held by farmers in Warangal is approaching depletion, and with limited new arrivals, the prevailing tight supply conditions are contributing to a robust market environment. While the sentiment appears optimistic, the potential for further gains is constrained, as beneficial rainfall during the sowing season has led to a 15–20% rise in turmeric acreage, bringing the total area to 3.30 lakh hectares for 2024–25—10% above the prior year. At Duggirala market, the influx of new crop arrivals is commanding a premium owing to their superior quality, thereby maintaining daily trade volumes in the range of 1,000 to 1,200 bags.

In summary, market activity continues to be vigorous, with over fifty percent of the new crop already transacted. During the period from April to August 2025, turmeric exports experienced a year-on-year increase of 3.31%, reaching a total of 80,156 tonnes, bolstered by consistent demand from international markets.

From a technical perspective, the market is experiencing short covering, evidenced by a 2.81% decline in open interest to 11,755, while prices have increased by Rs 512. Turmeric establishes a support level at Rs 14,780, with a potential decline below this threshold possibly leading to a test of Rs 14,520. Conversely, resistance is identified at Rs 15,350, and an upward movement beyond this point may drive prices toward Rs 15,660.