Turmeric prices witnessed sharp selling pressure, settling lower by 2.59% at Rs 15,630, as fresh arrivals in Erode are expected to rise significantly over the next 10–15 days. Sentiment was further weighed down by an increase in acreage, supported by favourable rainfall during the sowing season. For the 2025–26 season, turmeric acreage is estimated at 3.02 lakh hectares, up about 4% year-on-year, with fresh production projected at 11.41 lakh tonnes.

At the all-India level, dried turmeric output is seen at 90 lakh bags compared with 82.5 lakh bags last season, though lower carry-forward stocks are limiting the overall supply build-up. Despite the recent decline, downside remains capped as arrivals are still below normal and both domestic and export demand remain healthy.

Farmers and stockists have significantly reduced inventories, lending support ahead of peak arrivals. Yield losses of 15–20% have been reported in parts of Maharashtra, Andhra Pradesh and Karnataka due to excess rains, waterlogging and disease pressure. Quality concerns persist in low-lying areas, though export-grade supply remains supported, especially for Europe and the US. Exports during Apr–Nov 2025 rose nearly 5% year-on-year, while imports dropped sharply, reflecting strong underlying demand.

On the technical front, the market is witnessing long liquidation, with open interest down 0.7% alongside a Rs 416 price drop. Support is seen at Rs 15,408; a break below could test Rs 15,184. Resistance is placed at Rs 15,964, and a move above this level may push prices towards Rs 16,296.