Turmeric prices have eased by 0.44% to ₹14,800, driven by a surge in arrivals and subdued export enquiries. Total arrivals jumped to 57,500 quintals, doubling from 29,860 quintals in the previous session. However, concerns about lower production estimates and quality challenges in key producing regions remain.
Untimely rains have affected crop productivity, with yields expected to be 10-15% lower, particularly in the Nanded region. High-quality new arrivals are fetching a premium in the Duggirala market, indicating strong buyer interest.
The Himachal Pradesh government has launched turmeric procurement from May 15 to June 15, 2025, to promote natural farming. On the export front, turmeric shipments rose 8.83% YoY to 1.76 lakh tonnes in FY25.
