Turmeric prices decreased by 0.75%, closing at Rs 15,972, influenced by anticipations of a significant increase in fresh arrivals from Erode in the forthcoming weeks. The increase in acreage this season, bolstered by favorable rainfall, has contributed to a decline in sentiment. For the period of 2025–26, the estimated acreage for turmeric stands at 3.02 lakh hectares, reflecting an increase of approximately 4% compared to the previous year, with fresh production anticipated to reach 11.41 lakh tonnes.

Nonetheless, fluctuations in weather patterns and localized disease challenges have limited the potential for increased output. Yields in Maharashtra, Andhra Pradesh, and Karnataka have been adversely impacted by excessive rainfall, with approximately 15% of the crop in certain areas of Marathwada suffering from waterlogging and disease. Notwithstanding this, all-India dried production is projected at 90 lakh bags, an increase from 82.5 lakh bags in the previous season, although diminished carry-forward stocks are constraining overall availability.

Robust domestic and export demand, especially from Europe and the US, is providing significant support. During the period from April to December 2025, exports experienced an increase of nearly 4% compared to the previous year, whereas imports saw a significant decline of over 41%. In the Nizamabad spot market, prices increased by 1.19% to settle at 15,731.8, indicating consistent physical demand.

From a technical perspective, the market is experiencing new selling pressure, as evidenced by a 2.47% increase in open interest to 18,220. Support levels are identified at Rs 15,698 and Rs 15,426, whereas resistance is observed at Rs 16,296. A breach of this level may propel prices towards Rs 16,622.