Turmeric prices increased by 1.39% to close at Rs 16,780, bolstered by lower-than-average arrivals and robust demand both domestically and internationally. Market sentiment appears favorable as both farmers and stockists have notably diminished their inventories, establishing a solid foundation in anticipation of the upcoming harvest. Robust export demand, especially from Europe and the United States, has contributed to market firmness, while the season-ending crop in Indonesia has reportedly experienced quality issues, leading to a shift in demand towards Indian sources.

Export data illustrates this robustness, with shipments from April to November 2025 increasing by 4.88% year-on-year, and November exports demonstrating double-digit growth on both an annual and monthly basis. Nonetheless, the potential for growth is limited by anticipations of increased acreage in the forthcoming season. For the 2025–26 period, turmeric cultivation is anticipated to cover 3.02 lakh hectares, reflecting an approximate 4% increase compared to the previous year, with dried production expected to reach 90 lakh bags.

Nonetheless, fluctuations in weather patterns, atypical rainfall, and disease challenges have adversely affected yields in critical states like Maharashtra, Andhra Pradesh, and Karnataka, constraining net supply expansion. Despite an increase in planted area, the overall availability remains constrained due to lower carry-forward stocks and ongoing quality concerns.

From a technical perspective, the market is experiencing new buying activity, evidenced by a 2.63% increase in open interest alongside a price gain of Rs 230. Turmeric exhibits a support level at Rs 16,460, with a potential decline below this threshold possibly leading to a test of Rs 16,142. Resistance is identified at Rs 17,078, with a potential upward movement beyond the opening leading towards Rs 17,378.