Spice Market News

NCDEX Live Updates

While favourable weather in Northwest India sped up harvesting, drying, and deliveries, Jeera settled slightly higher by 0.02% at Rs 20,770 as farmers quickly liquidated stockpiles to generate cash flow for Kharif sowing. NCDEX warehouse stocks have continued to accumulate, diminishing the urgency for spot procurement. Meanwhile, large industrial spice grinders are exercising caution, opting Read More

NCDEX Live Updates

Turmeric concluded the trading session with a 0.57% increase, reaching Rs 21,134, driven by constrained supplies, diminishing carry-forward stocks, and apprehensions regarding inadequate rainfall and the possible impact of El Niño conditions on the growing crop. Sowing acreage is projected to rise by 16.05% year-on-year starting in 2025, maintaining levels above the five-year average of Read More

NCDEX Live Updates

Jeera concluded the trading session with a 0.53% increase, reaching Rs 20,765, driven by a reduction in the availability of premium-quality bold seeds, even as the overall physical crop supply remains stable. Daily arrivals at major markets, including Unjha in Gujarat and Rajasthan, have begun to decline, while outbreaks of blight in critical growing regions Read More

Coriander Futures

Coriander prices on Tuesday increased by Rs 304 to Rs 15,702 per quintal in futures trade, influenced by heightened demand in the spot market. On the National Commodity and Derivatives Exchange, coriander contracts for August delivery increased by Rs 304, or 1.97 per cent, reaching Rs 15,702 per quintal in 7,605 lots. Market analysts indicated Read More

NCDEX Live Updates

Jeera settled up 0.14% at Rs 20,940, bolstered by a swift contraction in the supply of premium-quality bold seeds. Daily arrivals at major markets like Unjha and Rajasthan have begun to decline, while outbreaks of blight in significant areas of Gujarat have impacted both the quality of crops and the quantities available for harvest. However, Read More

NCDEX Updates

Turmeric prices experienced a notable decline of 5%, settling at Rs 21,546, as profit booking took place following the recent rally. Market sentiment deteriorated as monsoon activity resumed in Maharashtra, Telangana, and North Karnataka, alleviating worries regarding dry conditions and enhancing crop outlooks. Adequate rainfall has replenished key reservoirs in Telangana and Andhra Pradesh, ensuring Read More

NCDEX Live Updates

Turmeric futures experienced a notable increase of 3.80%, closing at Rs 22,392. This rise can be attributed to constrained spot supplies and heightened apprehensions regarding the possible effects of El Niño on the ongoing crop sowing. Market sentiment improved as insufficient rainfall in various producing areas heightened concerns over reduced yields, while decreasing carry-forward stocks Read More

NCDEX Live Updates

Turmeric prices concluded at Rs 20,856, reflecting a 3.07% increase, influenced by constrained spot supplies and escalating apprehensions regarding the effects of irregular monsoon rains and a possible El Niño phenomenon on the recently planted crop. Market sentiment exhibited a bullish trend as diminished carry-forward stocks and insufficient rainfall during the initial crop development phase Read More

NCDEX Live Updates

Jeera prices concluded at Rs 20,995, reflecting a decline of 0.47%. This downturn was influenced by substantial selling from farmers, who opted to liquidate their stocks in order to secure liquidity for Kharif sowing operations. Favourable weather conditions in North-West India facilitated a more rapid harvesting and drying process, leading to an increase in market Read More

NCDEX Live Updates

Turmeric prices concluded the trading session at Rs 20,234, reflecting a decline of 0.6% as traders took the opportunity to realise profits after a recent uptrend. Nonetheless, the overall market remained buoyed by constrained supplies and apprehensions regarding the current Kharif crop. Prices had strengthened earlier due to insufficient rainfall, decreasing carry-forward stocks, and concerns Read More

NCDEX Live Updates

Jeera prices concluded at Rs 21,095, reflecting a 0.45% increase, bolstered by a reduction in the supply of premium-quality bold seeds, even as the overall physical crop availability continues to be sufficient. Export-grade, high-purity jeera has become increasingly scarce as arrivals at major trading centres such as Unjha in Gujarat and key markets in Rajasthan Read More

NCDEX Live Updates

Turmeric prices experienced a decline of 2.55%, settling at Rs 20,356. This decrease can be attributed to improved monsoon rainfall, which has alleviated immediate concerns regarding crop prospects and fostered expectations of enhanced production during the current Kharif season. Favourable rainfall across major turmeric-growing regions over the past week is anticipated to expedite sowing activities, Read More

NCDEX Live Updates

Jeera prices declined by 0.33% to close at Rs 21,000, influenced by heightened selling activity from farmers and a favourable supply situation in the near term, which negatively impacted market sentiment. Farmers persisted in liquidating stocks to raise cash for the current Kharif sowing season, while conducive weather conditions in north-west India facilitated harvesting, drying, Read More

NCDEX Updates

Turmeric prices concluded the trading session with a 0.16% increase, reaching Rs 21,526. This uptick was bolstered by diminished market arrivals, constrained spot supplies, and consistent export demand. Daily arrivals experienced a significant decrease, falling to approximately 8,500 bags from 18,000 bags in the prior session. This decline is primarily attributed to the closure of Read More

NCDEX Live Updates

Jeera prices concluded the session with a marginal increase of 0.07%, reaching Rs 21,300. This uptick was bolstered by short covering, as the constriction of premium-quality seed supplies countered the ongoing selling pressure from farmers. Producers have been actively liquidating stocks to generate cash for Kharif sowing, while favourable weather across north-west India has accelerated Read More

NCDEX Live Updates

Turmeric prices experienced a notable increase of 3.82%, concluding at Rs 21,750. This rise can be attributed to significantly reduced market arrivals, constrained spot supplies, and consistent export demand. Arrivals decreased to approximately 8,500 bags from 18,000 bags in the prior session, primarily attributed to the closure of significant markets in Maharashtra, coupled with heightened Read More

NCDEX Live

Turmeric prices increased by 1.50%, closing at Rs 20,950. This rise was bolstered by reduced market arrivals, constrained spot supplies, and consistent export demand. Total arrivals fell significantly to approximately 8,500 bags, down from 18,000 bags in the prior session, largely attributed to the shutdown of key markets in Maharashtra. Robust purchasing demand in conjunction Read More

NCDEX Live Updates

Jeera prices fell by 0.46% to close at Rs 20,735, influenced by heightened selling activity from farmers in anticipation of the Kharif sowing season, which negatively impacted market sentiment. Producers hastened the liquidation of stocks to generate liquidity, while advantageous weather conditions in northwestern India facilitated quicker harvesting and drying processes. This led to increased Read More

NCDEX Updates

Turmeric prices experienced a notable increase of 3.34%, concluding at Rs 20,706. This rise was bolstered by a significant drop in market arrivals, constrained spot supplies, and consistent export demand. Daily arrivals decreased to approximately 8,500 bags, down from 18,000 bags in the prior session, primarily attributed to the closure of significant markets in Maharashtra. Read More

NCDEX Live Updates

Jeera prices increased by 2.17%, closing at Rs 20,930, driven by a contraction in the supply of high-quality bold seeds and diminished arrivals in major trading hubs. Daily arrivals in key markets like Unjha in Gujarat and Rajasthan have experienced a notable decline, while the supply of export-grade, high-purity bold seeds has contracted more rapidly Read More

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