Spice Market Update
26-Mar-2026 01:16 PM
Spice Market Update
Turmeric
★ April futures rose ~2% to ₹14,450/quintal
★ Supported by lower arrivals and strong domestic & export demand
★ Limited stocks with farmers and stockists
★ Crop in Maharashtra, Andhra Pradesh, and Karnataka affected (~15%) due to weather and disease
★ Upside may remain limited as arrivals increase
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Coriander
★ April futures gained ~3.7% to ₹11,960/quintal
★ Supported by expectations of lower production and tight supply
★ Improved buying activity kept the market firm
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Cumin
★ April futures rose ~0.7% to ₹22,090/quintal
★ Crop impacted by rising temperatures/heatwave concerns in Gujarat
★ Production likely to fall ~5% to ~513,000 tonnes
★ Near-term upside may be capped due to rising arrivals