Turmeric futures declined by 0.07% to Rs 14706, influenced by a rise in acreage bolstered by favorable rainfall during the ongoing sowing season. Nonetheless, the downside has been constrained, as yields in crucial agricultural areas such as Maharashtra, Andhra Pradesh, and Karnataka have suffered due to excessive rainfall. Erode is experiencing significant inflows from these states, as persistent rainfall has led to disease outbreaks, compounded by high humidity that complicates storage conditions.

The recent heavy rainfall in Nanded has resulted in damage to approximately 15% of the standing crop, exacerbating supply concerns. Stocks involving farmers in Warangal are nearly depleted, with no arrivals recorded in the past two days, while market sentiment continues to be highly responsive to weather conditions and diminished inflows.

Preliminary estimates suggest that turmeric acreage could increase by 15–20% for the 2024-25 season, with the total area reaching 3.30 lakh hectares, which represents an approximate 10% rise compared to the previous year. In the Duggirala market, fresh crop arrivals persist in commanding elevated prices attributable to their superior quality, with daily volumes remaining stable at 1,000–1,200 bags, and approximately 50–55% of the new crop already transacted.

Turmeric exports for the period of April to September 2025 experienced a growth of 4.02%, totaling 96,679 tonnes, with September exports reflecting a year-on-year increase of 7.59%. Turmeric is experiencing new selling pressure, accompanied by a 0.58% increase in open interest to 7,795. Support is established at Rs 14508, with the potential for a test of Rs 14310 should it be breached. Resistance is identified at Rs 14926, and a breach above this level may propel prices toward Rs 15146.