Turmeric prices experienced a modest increase, closing up by 0.43% at Rs 17,316, bolstered by lower-than-average arrivals and robust demand both domestically and internationally. Market sentiment exhibited a positive trend, as both farmers and stockists have reportedly diminished their holdings, establishing a robust foundation in anticipation of new crop arrivals. Weather-related disruptions have adversely affected yields in Maharashtra, Andhra Pradesh, and Karnataka, where unseasonal rains have led to waterlogging and disease challenges, impacting nearly 15% of the area in certain regions. Despite localized yield losses of 15–20%, overall supply growth is anticipated to stay moderate owing to diminished carry-forward stocks.

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 output of dried turmeric is projected to reach 90 lakh bags, an increase from the 82.5 lakh bags recorded in the previous season. Maharashtra’s production is projected to increase to 54 lakh bags, whereas other significant states are anticipated to collectively contribute approximately 40 lakh bags.

Quality concerns, including rhizome rot and aflatoxin risks, continue to be an issue in low-lying areas; however, the supply of export-grade products is bolstered by the rise of integrated pest management cultivation practices. During the period from April to October 2025, exports experienced a year-on-year increase of 2.05%, whereas imports saw a significant decline of 48.05%, indicating a tighter availability of goods. Spot prices in Nizamabad concluded slightly elevated at Rs 16,010.15.

From a technical perspective, the market is experiencing new buying activity, as evidenced by a 2.49% increase in open interest to 14,810, accompanied by a price gain of Rs 74. Turmeric exhibits a support level at Rs 17,142, with potential downside risk extending to Rs 16,968 in the event of a breach. Resistance is identified at Rs 17,470, with a potential upward movement that may challenge Rs 17,624.