DBT Bureau
Pune, 29 Oct 2025
Turmeric on 28th October settled up by 3.52% at 15,042 as adverse weather conditions in key growing states—Maharashtra, Andhra Pradesh, and Karnataka—continued to affect crop yields. Continuous rains in Erode have not only increased arrivals from these regions but also triggered disease outbreaks, making preservation difficult due to high humidity. Prices were further supported by reports of heavy rainfall in Nanded, Maharashtra, which damaged around 15% of the crop area. Meanwhile, turmeric stocks held by farmers in Warangal are nearly exhausted, and with minimal new arrivals, tight supply conditions are reinforcing market firmness. Despite this bullish tone, upside potential remains somewhat limited as favourable rains during the sowing season have encouraged a 15–20% increase in turmeric acreage, with total area reaching 3.30 lakh hectares for 2024–25—10% higher than the previous year. At Duggirala market, new crop arrivals are fetching a premium due to superior quality, keeping daily trade volumes steady at 1,000–1,200 bags. Overall, market activity remains brisk with more than half of the new crop already traded. On the export front, turmeric shipments during April–August 2025 rose 3.31% year-on-year to 80,156 tonnes, supported by steady overseas demand. Technically, the market is under short covering as open interest fell by 2.81% to 11,755 while prices surged 512. Turmeric finds support at 14,780, and a break below could test 14,520, whereas resistance is seen at 15,350, with a move above likely pushing prices toward 15,660.
Market Analysis:
- Turmeric trading range for the day is 14520-15660.
- Turmeric gained as yields in Maharashtra, Andhra Pradesh and Karnataka have been affected due to rains.
- Also, due to continuous rains in Erode, disease outbreaks have started emerging in some areas.
- However upside seen limited amid increase in acreage due to favourable rains during the current sowing season.
- In Nizamabad, a major spot market, the price ended at 14489.35 Rupees gained by 0.71 percent.
