Turmeric prices decreased by 0.91% to close at Rs 14,742, primarily driven by anticipations of a significant increase in arrivals from Erode in the forthcoming weeks. Increased pressure is arising from expanded acreage, bolstered by beneficial rainfall this season. For the period of 2025–26, the estimated acreage for turmeric stands at 3.02 lakh hectares, reflecting a year-on-year increase of 4%, while production is anticipated to reach 11.41 lakh tonnes.

Nonetheless, the potential drawbacks appear to be constrained. Arrivals remain below the typical levels, while both domestic and export demand persist in their strength. Decreased carry-forward stocks and diminished holdings by farmers and stockists are contributing to price stability. Weather-related disruptions, such as waterlogging and disease in critical growing areas, have adversely affected yields, despite the fact that increased acreage contributes to overall output growth.

At the all-India level, dried production is projected to reach 90 lakh bags, an increase from 82.5 lakh bags in the previous season. Export trends exhibit a mixed landscape, characterized by short-term weakness alongside stable cumulative demand. In contrast, imports have experienced a significant decline, suggesting a diminished dependence on foreign supply.

Currently, the market is experiencing renewed selling pressure, as evidenced by a 0.67% increase in open interest to 17,220, alongside a price decline of Rs 136. Immediate support is identified at Rs 14,552, with additional downside potential extending to Rs 14,364. On the upside, resistance is positioned at Rs 14,938, and a movement above this threshold could drive prices toward Rs 15,136.