Price Trends: Turmeric prices have seen an upward trend during the current week. Due to weak stocks in the producing centers, the market sentiment remains bullish. Both futures and spot markets saw prices rise steadily. The December futures contract opened at ₹14,252 and closed at ₹15,520 by the end of the week. Similarly, the April futures closed at ₹16,360, up from an opening price of ₹14,726. Low Arrivals: Due to the reduced stock at the producing centers, arrivals in the markets have been lower. Reports indicate that arrivals in the Marathwada markets have reduced to around 6,000-7,000 bags, while in Nizamabad, arrivals are around 700-1,000 bags. Erode is seeing around 2,000-2,500 bags, and markets like Warangal and Duggirala are seeing only about 300-400 bags. Production Outlook: Due to a larger area under cultivation this year, there are reports of higher turmeric production in the country. However, production is not expected to rise proportionally to the increase in acreage. Some regions have also reported crop damage after sowing. According to estimates, turmeric production in India was around 50-55 lakh bags in 2024, and it is expected to rise to 60-65 lakh bags in 2025. The forecast for 2026 suggests production could reach 70-75 lakh bags. Stock Levels: Experts believe that stocks of turmeric at the producing centers will be lower this season compared to last year. It is noted that last year, during the arrival of the new crop, stocks at the producing centers were around 18-20 lakh bags, whereas this year, they are expected to be between 10-12 lakh bags. Price Increase Expected: Currently, there is little likelihood of a price decline for turmeric. The ongoing stock shortage has led to reduced arrivals in the markets. Moreover, the arrival of the new crop is expected to begin in January, but dry turmeric arrivals will not occur until February. Until then, demand for old stock is likely to remain steady. Due to strong news from the producing centers and a weak local supply, the price of turmeric in Delhi markets for single-polished bulk turmeric has risen from ₹146-148 per kg to ₹150-152 per kg. Prices at the producing markets also saw a rise of ₹5-6 per quintal during the current week. Experts predict that the upward trend in prices will continue. Based on current conditions, there is an expectation that turmeric prices in the Delhi market could soon reach ₹160 per kg. In September, turmeric was priced at ₹126-128 per kg in Delhi, which rose to ₹140-142 per kg in October. In November, prices briefly touched ₹148-150 per kg, after which some profit-taking led to a slight correction, with prices falling to ₹143-144 per kg. However, they have now rebounded to ₹150-152 per kg. Export Trends: In the first half of the financial year 2025-26, the quantity of turmeric exports increased by 4%, but due to lower prices, the revenue from exports declined by 4%. According to data released by the Spices Board, the export of turmeric during April-September 2025 was 96,680 tons, generating revenue of ₹1,476.11 crore. This compares to 92,942 tons and ₹1,531.04 crore in revenue during the same period in 2024. In the full year 2024-25 (April-March), the total turmeric export reached 1,76,325 tons.