Turmeric prices increased by 2.45% to Rs 15,066, influenced by adverse weather conditions in Maharashtra, Andhra Pradesh, and Karnataka, which have constrained supply in key trading centers such as Erode. Persistent precipitation has led to the emergence of disease outbreaks in certain regions, while elevated humidity levels are obstructing effective storage and preservation efforts.
In Nanded, approximately 15% of the turmeric crop area has sustained damage from excessive rainfall, which is likely to bolster prices. Furthermore, the combination of low arrivals and prudent selling behavior among farmers, in the context of nearly exhausted stocks in Warangal, is contributing to a stable market environment. Nonetheless, the potential for growth appears limited as the area under cultivation has expanded in the 2024–25 season, attributed to favorable monsoon conditions. The total area dedicated to turmeric cultivation has increased to 3.30 lakh hectares, reflecting a rise of approximately 10% compared to last year’s figure of 3 lakh hectares.
Notwithstanding this, short-term sentiment continues to exhibit positivity, bolstered by consistent demand and apprehensions regarding crop yields. At Duggirala market, strong buyer engagement and elevated pricing for new-season produce are apparent, with daily arrivals ranging from 1,000 to 1,200 bags, and approximately 50 to 55% of the new crop already transacted. During the period of April to August 2025, turmeric exports experienced a year-on-year increase of 3.31%, totaling 80,156.56 tonnes. Notably, exports in August alone rose by 7.27% compared to the previous year and by 13.71% from the previous month, indicating a consistent demand from international markets. In Nizamabad, spot prices increased by 0.6% to reach Rs 14,614.3.
From a technical perspective, the market is experiencing new buying activity, as evidenced by a 1.33% increase in open interest, reaching 11,795 lots. Support stands at Rs 14,666, beneath which prices might explore Rs 14,266, whereas resistance is identified at Rs 15,380, with a breakthrough potentially driving prices towards Rs 15,694.