Turmeric yesterday concluded 0.73% lower at Rs 14,090, influenced by anticipations of increased acreage for the upcoming season, as favorable monsoon conditions bolstered sowing activities. Preliminary projections suggest a 15–20% rise in turmeric acreage for the 2024–25 period, with the total area anticipated to reach 3.30 lakh hectares, an increase from the 3 lakh hectares recorded last year. This engendered a slight bearish sentiment. Nonetheless, the adverse effects were constrained as agricultural losses persist in major production regions.

Significant rainfall in Maharashtra, Andhra Pradesh, and Karnataka has impacted agricultural yields, whereas Erode, a major trading center, is experiencing a decline in quality attributed to persistent rain, elevated humidity, and the onset of disease outbreaks. Reports indicate a 15% crop damage in Nanded and diminished farmer stocks in Warangal, coupled with a lack of fresh arrivals for two days, which are providing underlying support to prices. Market inflows are subdued, and selling activity is measured as traders monitor weather developments with keen interest.

At Duggirala, the influx of fresh arrivals persists in drawing robust buying interest, as new-season produce commands a premium over older stocks attributable to superior quality. Market activity persists robustly, with daily transactions of 1,000–1,200 bags, and approximately 50–55% of the new crop already committed to sales. During the period of April to September 2025, turmeric exports experienced an increase of 4.02%, totaling 96,679.67 tonnes.

In September, exports experienced a year-on-year increase of 7.59%, although there was a modest month-on-month decline of 3.58%. The market experienced long liquidation, with open interest decreasing slightly by 0.1% to 10,040 as prices fell by Rs 104. Support is established at Rs 13,928, with a breach revealing Rs 13,764. Resistance stands at Rs 14,340, and a breach above this level could propel prices toward Rs 14,588.