Turmeric prices experienced a decrease of 0.89%, concluding at Rs 14,256, attributed to an increase in sowing acreage bolstered by favorable rainfall this season. Notwithstanding this drawback, market sentiment persists with a cautious firmness, as crop damage resulting from excessive rainfall in Maharashtra, Andhra Pradesh, and Karnataka has curtailed more pronounced declines. The persistent rainfall in Erode has resulted in disease outbreaks, exacerbating storage conditions due to elevated humidity levels.

Meanwhile, diminished farmer stocks in Warangal, coupled with restricted fresh arrivals, further bolster the prevailing market sentiment. Production prospects, however, indicate a notable acreage increase of 15–20% for the 2024–25 season, with the total area expanding to 3.30 lakh hectares compared to 3 lakh hectares last year. In Duggirala, robust demand from buyers for new arrivals persists, with high-quality produce attracting a price premium.

Approximately 50–55% of the new crop has been traded thus far, and with arrivals anticipated to persist until June, market activity is expected to remain robust. In terms of exports, turmeric shipments from April to August 2025 experienced a year-on-year increase of 3.31%, totaling 80,156.56 tonnes. Notably, exports in August surged by 7.27% compared to the previous year, indicating a consistent demand from international markets.

From a technical perspective, the market is experiencing long liquidation, evidenced by a 2.36% decrease in open interest, which now stands at 10,535 contracts. Immediate support is established at Rs 14,108, beneath which prices could potentially test Rs 13,958. Resistance is noted around Rs 14,454, and a breakout above this threshold may drive turmeric prices towards the Rs 14,650 mark.