Turmeric yesterday settled lower by 1.58% at Rs 15,196, influenced by an increase in acreage this season due to favorable monsoon rains. Preliminary estimates indicate that turmeric acreage has risen by 15–20% to 3.30 lakh hectares for 2024–25, in contrast to approximately 3 lakh hectares in the previous year, as farmers have transitioned from less profitable crops. Nevertheless, the drawbacks were constrained, as heightened rainfall and humidity in key agricultural areas such as Maharashtra, Andhra Pradesh, and Karnataka have led to reductions in yield and the emergence of disease outbreaks.

In Erode, persistent rainfall has posed challenges for preservation, whereas approximately 15% of the turmeric cultivation area in Nanded has been reported as damaged. Market activity continues to exhibit robustness, underpinned by significant buyer interest in newly harvested crops. In Duggirala, new turmeric stocks are commanding higher prices compared to older inventory, attributed to their superior quality, while daily trade volumes remain consistent, fluctuating between 1,000 and 1,200 bags.

Approximately 50–55% of the new crop has been traded to date, with ongoing active arrivals anticipated. Simultaneously, the inventory of turmeric held by farmers in Warangal is approaching exhaustion, thereby introducing an additional layer of support. In the realm of exports, shipments from April to August 2025 experienced an increase of 3.31%, totaling 80,156.56 tonnes, while exports in August saw a year-on-year rise of 7.27%.

From a technical perspective, the market is experiencing long liquidation, evidenced by a 0.26% decrease in open interest to 11,680, alongside a price decline of Rs 244. Turmeric experiences support levels at Rs 15,024 and Rs 14,850, with resistance identified at Rs 15,458 and Rs 15,718.