Weekly Review - Turmeric

10-Jan-2026 08:28 PM

Turmeric Prices Not Very Weak

New Delhi. Turmeric prices witnessed mixed trading during the current week. After an initial rise in prices at the beginning of the week, profit-taking selling occurred in the market. As a result, turmeric prices softened at the end of the week, both in the producing centers and consuming markets. Prices also softened in the futures market. It is noteworthy that this year, turmeric cultivation has been done on a larger area compared to last year, but unseasonal rains in Marathwada and Nizamabad after sowing have damaged the crop. However, the crop condition is considered good in the Erode region.
Delayed Arrivals
This year, the arrival of new turmeric is delayed. Last year, the arrival of new turmeric in the Nizamabad market started with 100-200 bags in the beginning of January, but this year, reports suggest that the arrival of new stock will begin only by the end of January.
Production Estimates
Although a 30-35 percent increase in the sowing area led to forecasts that the country's turmeric production would reach 90-92 lakh bags this year, after the crop damage, production estimates are now being revised to 80-82 lakh bags. In 2024, the country's turmeric production was 50-55 lakh bags, and in 2025, it was 70-75 lakh bags. The current season's turmeric stock is also considered to be only 50 percent of last year's stock. Last year's stock was estimated at 18-20 lakh bags, which is currently estimated at 8-10 lakh bags.
Prices Higher Than Last Year
Currently, turmeric prices are higher than last year, both in the producing centers and consuming markets. Last year, the price of turmeric pods in the Erode market was ₹145/147, which is currently being quoted at ₹160/162. In the Delhi market, the current price of polished turmeric bundles is being quoted at ₹163/165, compared to ₹146/146 during the same period last year. In other markets as well, turmeric prices are running ₹15/18 per kg higher than last year.
Market Trends
Experts say that there is little possibility of a significant decline in turmeric prices. Prices are likely to soften in the coming days after the arrival of new stock begins. However, a major decline from current prices is unlikely. This is because due to the shortage of stock, buying by stockists will increase when the arrival of new dried produce increases in the markets. This will lead to a further increase in prices. Sources say that prices will remain firm until the arrival of the new crop on the Nizamabad line. It is possible that the price of single polished turmeric bundles in the Delhi market may touch the ₹170 level. The current price is being quoted at ₹163/165. It is noteworthy that due to weak demand from exporters, the price of turmeric in the Delhi market had fallen to ₹126/128 in September. Subsequently, prices gradually started to rise, and a price increase of ₹34/35 per kg has been recorded so far in September.
Exports
According to data released by the Spices Board, turmeric exports increased by 2 percent in the first seven months of 2025-26, but due to lower export prices, revenue decreased by 5 percent. According to the information received, 111,117 tons of turmeric were exported during April-October 2025. And the revenue earned from exports was ₹1694.31 crore. While turmeric exports from April to October 2024 amounted to 108,880 tonnes, generating revenue of ₹1784.20 crore. The total turmeric exports during the year 2024-25 (April-March) were 176,325 tonnes.