Turmeric prices exhibited a notable increase, concluding with a rise of 3.63% at Rs 16,804, bolstered by lower-than-average arrivals and persistent demand both domestically and internationally. The enhancement in market sentiment is attributed to the substantial reduction in holdings by both farmers and stockists, establishing a solid foundation in anticipation of the new crop’s arrival. In light of anticipated increases in acreage bolstered by beneficial rainfall, the growth in supply is expected to be restrained, primarily due to weather-induced disruptions and localized disease challenges.

Unseasonal heavy rainfall during August–September led to waterlogging and disease challenges in approximately 15% of the crop area in certain regions of Marathwada, culminating in yield reductions of 15–20% in the impacted areas. For the 2025–26 season, turmeric acreage is projected to reach 3.02 lakh hectares, reflecting an increase of approximately 4% compared to the previous year, while fresh production is anticipated to be 11.41 lakh tonnes. The all-India output of dried turmeric is projected at 90 lakh bags, an increase from 82.5 lakh bags in the previous season.

However, reduced carry-forward stocks are expected to constrain the overall increase in availability. Maharashtra’s dried production is projected to rise to 54 lakh bags, whereas other producing states are anticipated to contribute approximately 40 lakh bags. Export prospects continue to be favorable, with shipments from April to October 2025 increasing by 2.05% compared to the previous year, despite a decline in exports for October both on a monthly and annual basis.

The market is currently experiencing new buying activity, evidenced by a 0.51% increase in open interest to 13,830, accompanied by a price gain of Rs 588. Support is identified at Rs 16,348, with the potential for a test at Rs 15,892 if breached, while resistance is positioned at Rs 17,062, indicating possible further movement towards Rs 17,320.