The price of turmeric increased by 0.14% as per closed at Rs. 26,316, as the pipeline supply is tight, low-acre estimates for the next crop and poor weather concerns in major production areas are supporting prices
However, after the recent rally some traders booked Munafa and the foreign enquiries from Bangladesh, the Middle East and Southeast Asia slowed down in wait for price stability. The physical trading in Nijamabad, Sangli and Irode also alerted, has been lowering offtakes at current prices. Total imports are about 6,000 bags, which is less than 2,000 bags from the previous session, thereby getting support from below
weather is still the big factor; Constant dry condition in Maharashtra can impact crop growth and yield, while cyclonic rains in South India are at risk of damage to the crop. Yet the better condition of monsoon in Maharashtra, Telangana and North Karnataka and the improvement of the level of reservoirs in Telangana-Andrapada has reduced the concerns of crop failure. Industry data shows that about 15 lakh bags have stocks this year, while in the last season there were more than 20 lakh bags, that is, the supply is tight
Integrated paste management (IPM) from Europe is increasing the demand for certified turmeric, providing support to standard stocks, but EU stiffness is pressure on non-compliant commercial grades from the maximum residue limit (MRL) regulations. India’s turmeric exports stood at 14,736 tonnes in August 2026, which dropped from 17,136 tonnes of the last year, but 4% increase in the export of April-August and 65,476 tonnes. Export to UAE, Netherlands and Brazil rose 50%, 57% and 37% respectively, while exporting to Bangladesh dropped 85%. Spot price in Nijamabad closed below 0.11% at Rs. 24,954.10
Technically running new shopping in the market; Open Interest increased by 0.39% to 17,895 contracts and is growing at Rs.36 in price. The support level of turmeric is Rs. 26,070; if the price goes down, there may be a test of Rs. 25,830. The resistance level is at Rs.26,520; the price can rise to Rs.26,730 when consistent above this level
Conclusions for Turmeric Traders:
TURMERIC PRICES ARE LIKELY TO REMAIN UPWARDS DUE TO TIGHT SUPPLY, LOW-ACRE ESTIMATES AND EUROPE’S IPM DEMAND, BUT IT IS NECESSARY TO BE ALERTED BY THE DECLINE OF CERTAIN AREAS IN WEATHER UNCERTAINTY AND EXPORT