Turmeric prices experienced a notable increase of 3.5%, concluding at Rs 16,216, bolstered by lower-than-average arrivals and robust demand both domestically and internationally. Market sentiment exhibited resilience as both farmers and stockists have notably diminished their inventories, establishing a robust foundation in anticipation of the forthcoming crop’s arrival. Demand from export markets, especially in Europe and the United States, remains robust, while Indonesia’s crop season has concluded with subpar quality, thereby bolstering Indian prices. Spot prices in Nizamabad exhibited an upward trend, concluding at 15,643.3, reflecting an increase of 1.61%.

Nonetheless, potential gains may be limited by an anticipated increase in acreage resulting from favorable rainfall during the planting season. For the 2025–26 season, turmeric acreage is estimated at 3.02 lakh hectares, reflecting an increase of approximately 4% year-on-year, while fresh production is projected to reach 11.41 lakh tonnes. Dried output is projected at 90 lakh bags, surpassing last season’s figures; however, reduced carry-forward stocks will constrain overall availability.

Unseasonal rains during August and September have impacted yields in certain regions of Maharashtra, Andhra Pradesh, and Karnataka, resulting in localized losses ranging from 15 to 20%. Additionally, concerns regarding quality remain prevalent in low-lying areas. Export data indicated slight growth from April to October 2025; however, shipments in October experienced a decline compared to both the previous year and the preceding month.

From a technical perspective, the market is experiencing new buying activity, as evidenced by a 1.14% increase in open interest to 13,760, alongside a price increase of Rs 548. Turmeric exhibits support at Rs 15,798, with a potential decline testing the level of Rs 15,382. Resistance is identified at Rs 16,462, and a breakthrough could propel prices towards Rs 16,710.