Carry-over stock of turmeric expected to remain limited in the next marketing season

29-Jul-2026 09:22 PM

Nizamabad. Although high market prices indicate a 10–15% increase in the area sown with turmeric during the current season, unfavorable weather and rainfall conditions cast doubt on whether production will actually rise. According to industry estimates, turmeric production in the country during the 2025–26 marketing season stood at approximately 95 lakh bags (50 kg each), alongside a carry-over stock of 15–20 lakh bags. Meeting domestic and export demand will require around 110 lakh bags. Consequently, the carry-over surplus stock for the 2026–27 marketing season could shrink significantly, potentially leading to a somewhat tight supply situation in the initial months.

If the monsoon rainfall is disrupted by the impact of El Niño, the risk of a decline in turmeric production will increase. Leading producing states like Andhra Pradesh, Telangana, Tamil Nadu, and Karnataka have not received adequate monsoon rainfall, and a rainfall deficit is likely to persist. While monsoon performance has been better in Maharashtra, Odisha requires more rain.

Turmeric exports from the country in May 2026 showed a 26% increase compared to April and a 0.4% rise compared to May 2025, indicating that global market demand remains strong.

However, no significant improvement in export performance is visible on an annual basis. Overall, turmeric exports from India during January–May 2026 recorded a decline of approximately 6.7% compared to the same period in 2025, as shipments faced disruptions due to the conflict involving Iran.

Demand for turmeric is currently somewhat subdued but is expected to pick up after mid-August, creating scope for a significant rise in prices. Turmeric prices are expected to remain above ₹140–150 per kg until the arrival of the next new crop.