Turmeric prices experienced a decline of 2.15%, concluding at Rs 15,026, influenced by anticipations of a significant increase in fresh arrivals at Erode in the forthcoming fortnight. Enhanced sowing conditions and increased acreage additionally influenced sentiment. For the 2025–26 season, the area dedicated to turmeric is estimated at approximately 3.02 lakh hectares, reflecting an increase of about 4% year-on-year, while fresh output is projected to reach 11.41 lakh tonnes.
Dried production is estimated at approximately 90 lakh bags, in contrast to 82.5 lakh bags from the previous season. Nonetheless, the potential drawbacks seem constrained. Arrivals remain below the typical levels, with both farmers and stockists maintaining relatively low inventories, which is likely to mitigate the effects of new crop supplies.
Weather disruptions, characterized by heavy rains and disease pressure in certain regions of Maharashtra, Andhra Pradesh, and Karnataka, have led to a reduction in yields in specific areas. Export demand continues to exhibit strength, as shipments from April to November 2025 increased by 4.88% year-on-year, totaling 127,530 tonnes. In contrast, imports experienced a significant decline of 44.5%. In Nizamabad, prices declined by 1.37%, settling at Rs 15,555.35.
From a technical perspective, the market is experiencing long liquidation, evidenced by a 0.87% decline in open interest alongside a price drop of Rs 330. Immediate support is identified at Rs 14,832, with a breach possibly leading to a test of Rs 14,636. On the upside, resistance is positioned at Rs 15,362, and a sustained upward movement could aim for Rs 15,696.