Turmeric prices experienced a decline of 1.07%, settling at Rs 14,384 per quintal. This decrease is attributed to an expansion in acreage, spurred by favorable rainfall during the current sowing season, which may impact future supply levels. Nonetheless, the downside was constrained as yields in key producing states such as Maharashtra, Andhra Pradesh, and Karnataka faced adverse effects due to persistent rainfall, leading to disease outbreaks in areas like Erode. Excessive humidity has complicated preservation efforts, thereby exacerbating supply concerns.

Significant precipitation in regions such as Nanded has resulted in damage to around 15% of the turmeric crop area, thereby underscoring a prudent supply forecast. Farmers’ stocks in Warangal are nearly exhausted, as there have been no recent arrivals. Meanwhile, the premium prices for fresh turmeric crops at the Duggirala market indicate robust buyer demand and high quality.

Market activity exhibited resilience, characterized by consistent arrivals and daily trade volumes fluctuating between 1,000 and 1,200 bags. Preliminary assessments indicate that turmeric cultivation could rise by 15-20% this season, driven by more favorable returns relative to alternative crops. Furthermore, the procurement initiative by the Himachal Pradesh government aimed at fostering natural farming is influencing market dynamics. On the export front, turmeric shipments increased by 3.31% to 80,156.56 tonnes during April-August 2025. Notably, August exports experienced a rise of over 7% year-on-year and 13.7% month-on-month, suggesting robust external demand. ​

The turmeric market is currently experiencing long liquidation, evidenced by a 1.59% decrease in open interest to 10,240 contracts, alongside a price decline of Rs 156. Support is established at Rs 14,120, with a possible examination of Rs 13,854, while resistance is positioned at Rs 14,800, with upward momentum potentially contesting Rs 15,214. ​