Turmeric Prices Surge Due to Supply Constraints
23-Dec-2025 04:03 PM
Nizamabad. Turmeric prices have started to rise due to concerns about complex supply and availability situations caused by crop damage from unseasonal rains in major producing areas. Prices have increased sharply by 16 percent over the past month.
The arrival of the new turmeric crop is expected to begin next month (January). Although demand has weakened somewhat at the higher prices, this is not having a significant impact on market prices.
The bullish trend in the spot market is also affecting futures prices, and there has been a significant increase in prices there in recent days. On the NCDEX, the futures price for the most active April contract for turmeric jumped by 16 percent compared to the previous month, reaching ₹16,230 per quintal (100 kg).
Meanwhile, the average spot market price of turmeric in the Nizamabad mandi has increased to ₹15,500-15,700 per quintal, which is significantly higher than the average price of ₹12,900 per quintal in November. The price increase before the arrival of the new crop is providing relief to farmers. The market is expected to remain strong for the next few days.
Unseasonal rains, particularly the untimely rains in October, damaged the turmeric crop in Andhra Pradesh, Telangana, and Tamil Nadu.
According to trade analysts, various natural calamities affected the turmeric crop in approximately 45,000 hectares in Andhra Pradesh, and a similar area was affected in Telangana.
This is likely to lead to a decrease in production in the 2025-26 season. According to the central government's second advance estimate,
domestic turmeric production during the 2024-25 season increased to around 1.2 million tonnes, which is significantly higher than the 1.04 million tonnes produced in the 2023-24 season.
In the current 2025-26 season, the national area under turmeric cultivation has increased by approximately 4 percent to reach 3.02 lakh hectares, while the total production is estimated to be around 11.40 lakh tonnes. Prices are expected to remain firm until January 2026.