News Capsule: Strong Possibility of a Rally in Turmeric Prices
23-Dec-2025 08:57 AM
News Capsule: Strong Possibility of a Rally in Turmeric Prices
★ Turmeric prices have risen by 16% over the past month, and further upside is expected.
★ On NCDEX, prices have increased by about 16% over the last one month. A similar uptrend has also been observed in the spot market.
★ October rainfall caused crop damage in Andhra Pradesh, Telangana, and Tamil Nadu. In Andhra Pradesh alone, around 45,000 hectares were affected, with a nearly similar level of damage reported in Telangana.
★ Per-hectare productivity has declined in major producing regions, which could impact overall production.
★ Old stocks with farmers and stockists are extremely low.
★ During the same period in 2024, turmeric stocks were around 2.2 million bags, which have now declined to 1.8 million bags.
★ The new crop is expected to start arriving by the end of January, but it is unlikely to have a significant impact on prices.
★ From April to September, India exported 0.096 million tonnes of turmeric, compared with 0.092 million tonnes during the same period last year.
★ Considering all these factors, turmeric prices are expected to continue rising in the coming period.
Important Disclaimer:
This report is for informational purposes only I-Grain India does not take any responsibility for profits or losses and does not promote any specific market movement (bullish or bearish). *Please make decisions based on your own judgment and understanding.