Turmeric yesterday settled 0.35% higher at Rs 14,194, buoyed by apprehensions regarding potential crop damage in significant agricultural areas of Maharashtra, Andhra Pradesh, and Karnataka as a result of recent precipitation. Erode is experiencing an influx of arrivals from these states, while persistent rainfall has led to disease outbreaks in certain regions, exacerbating preservation challenges in the context of elevated humidity levels. In Nanded, significant rainfall has adversely affected approximately 15% of turmeric acreage, exacerbating concerns regarding supply constraints. Nonetheless, the potential for further gains appears limited, as total acreage has expanded this season, aided by beneficial early rainfall that has enhanced sowing efforts.

The area allocated for turmeric in the 2024–25 season is projected at 3.30 lakh hectares, reflecting an increase of approximately 10% compared to the prior season. Stocks in Warangal are nearly depleted, with virtually no new arrivals over the last two days, providing further support for prices. Market participants are closely observing weather conditions, as low inflows and cautious selling persist in driving firmness.

At Duggirala, the influx of fresh crop arrivals is experiencing robust demand, with high-quality new produce commanding premiums, resulting in daily trades of 1,000–1,200 bags. Approximately 50–55% of the new crop has been sold, and with harvesting currently in progress, consistent arrivals are anticipated to sustain robust market activity through June. During the period from April to September 2025, turmeric exports experienced a growth of 4.02%, reaching a total of 96,679.67 tonnes, indicative of a strengthening demand in international markets.

In September, exports experienced a decline of 3.58% month-over-month, yet they were still 7.59% higher year-over-year, totaling 16,523.10 tonnes. The market is experiencing short covering, evidenced by a 2.99% decrease in open interest to 10,050, alongside a price increase of Rs 50. Support is established at Rs 13,986, with additional vulnerability extending toward Rs 13,778. Resistance is identified at Rs 14,338, and a breakout may elevate prices to Rs 14,482.