Turmeric prices experienced a significant decline, closing 2.88% lower at Rs 13,970, influenced by an expansion in acreage bolstered by favorable rainfall during the ongoing sowing season. Stocks involving farmers in Warangal are nearly depleted, with no new arrivals recorded over the past two days. However, the downside appears constrained due to significant rainfall affecting yields in Maharashtra, Andhra Pradesh, and Karnataka. Erode is experiencing significant inflows from these states; however, ongoing rainfall has led to disease outbreaks and storage difficulties stemming from high humidity levels.

Furthermore, considerable crop damage has been observed in Nande, where recent heavy rainfall impacted nearly 15% of turmeric cultivation zones, contributing to a favorable outlook for prices. Market participants are closely monitoring the evolving weather patterns and crop conditions. Dry weather in certain areas is facilitating prompt new-season planting, with preliminary estimates indicating a 15–20% increase in turmeric acreage as farmers transition from less lucrative crops.

At Duggirala market, the influx of fresh arrivals is generating significant buyer interest. The new crop is attracting a premium owing to its enhanced quality, with daily trading volumes ranging from 1,000 to 1,200 bags, and approximately 50 to 55 percent of the new stock already transacted. Turmeric exports demonstrated a notable increase, climbing 3.31% during the period of April to August 2025, reaching a total of 80,156 tonnes. In August, exports rose by 7.27% year-on-year and 13.71% month-on-month.

Turmeric is currently experiencing new selling activity, as indicated by a 1.56% increase in open interest, bringing the total to 10,400. Support is positioned at Rs 13,670, with additional downside potential extending to Rs 13,370. Resistance is established at Rs 14,420, and a breakout could propel prices to Rs 14,870.