Turmeric prices concluded the trading session with an increase of 2.85%, reaching Rs 16,332. This rise was bolstered by lower-than-average arrivals and persistent demand both domestically and internationally. Market sentiment remains robust as both farmers and stockists have notably diminished their inventories, establishing a solid foundation in anticipation of the new crop. Production prospects have been adversely affected by excessive rainfall in key agricultural states such as Maharashtra, Andhra Pradesh, and Karnataka. Additionally, persistent rains in Erode have resulted in disease outbreaks in certain regions.

In summary, reports indicate that crop damage ranges from 15% to 20% as a result of waterlogging and possible rhizome damage, which is constraining near-term supply. Arrivals are anticipated to continue experiencing delays until February–March, with carry-forward stocks at historically low levels, thereby maintaining tight supply conditions. International and domestic demand remains vigorous, characterized by substantial purchasing interest from Europe and the United States.

In Indonesia, the crop season has concluded, with reports indicating that the quality of material this season was below the usual standards, thereby reinforcing global demand for Indian turmeric. Export performance has demonstrated resilience, with shipments from April to September 2025 increasing by 4.02% compared to the previous year, totaling 96,679.67 tonnes. In September, exports experienced a year-on-year increase of 7.59%, albeit slightly lower than the figures recorded in August. Nonetheless, potential gains may be limited by anticipations of increased acreage in the upcoming season. Favorable sowing conditions and improved relative profitability have prompted farmers to expand turmeric acreage by an estimated 15–20%. In the 2024–25 season, the area dedicated to turmeric increased to 3.30 lakh hectares, reflecting a year-on-year rise of approximately 10%.

From a technical perspective, the market is experiencing new buying activity, as evidenced by a 4.13% increase in open interest to 11,730, coupled with a price increase of Rs 452. Turmeric exhibits support at Rs 16,024; a breach below this level would initiate a test of Rs 15,714. Resistance is identified at Rs 16,520, and a breach above this level may propel prices toward Rs 16,706.