Turmeric Prices Higher Than Last Year; Sowing Increases in Producing Regions
10-Jul-2026 07:28 PM
New Delhi. Turmeric prices are currently rising day by day, with sharp increases being quoted in both futures and spot markets. Sources indicate that market arrivals remain low because existing stocks are limited and largely held by strong hands, while buying interest from local spice manufacturers and exporters remains robust. Experts believe further price hikes are likely, as the new crop is still six to seven months away (due in May) and current stock levels are insufficient to meet consumption needs.
Increased Sowing
Reports from producing regions indicate that turmeric has been sown over a larger area across producing states this season. Tamil Nadu has seen a 25–30% increase in sowing area, while the Nizamabad belt is estimated to have seen a 10–15% rise. Similar increases of 10–15% are reported in the Sangli belt of Marathwada. In the key Marathwada producing region, 80–85% of the sowing work is already complete. Traders report a 30–35% increase in the Nanded belt and a 40–45% rise in the Hingoli belt, with estimates suggesting a 20–25% increase in the Basmat Nagar belt. While sowing areas have expanded, the final outcome will depend on rainfall patterns in the coming days. It is worth noting that last year also saw turmeric sowing across a 30–35% larger area, but the crop suffered damage due to unseasonal rains in November, preventing the expected increase in yield.
Higher Prices
Currently, turmeric prices are ruling higher compared to last year. According to available information, the price of 'Single Polish' turmeric fingers in the Delhi market was ₹138–140 per kg in early July last year, whereas it is currently quoted at ₹164–165. At the Erode market, the price of turmeric fingers during the same period last year was ₹138–140, while it is currently quoted at ₹170–172. Prices in other markets are also running ₹25–30 per kg higher compared to last year.
Stock
Industry experts estimate the current turmeric stock across production and consumption centers to be around 45–46 lakh bags. Stocks in the major producing region of Marathwada are estimated at 18–20 lakh bags. Estimates suggest a monthly requirement of 7–8 lakh bags for domestic consumption and exports combined; consequently, 50–55 lakh bags will be needed to meet consumption demands over the next seven months.
No Downturn
Informed sources state that there is no likelihood of a decline in turmeric prices in the near future; instead, prices are expected to rise further. Trade sources believe that turmeric prices in the Delhi market could reach ₹180–185 per kg in the coming days, up from the current level of ₹164–165.
Exports
Although the volume of turmeric exports increased by 1% during April—the first month of the 2026-27 year—export earnings recorded a 13% rise due to higher prices. According to data released by the Spices Board, turmeric exports stood at 14,957 tonnes with earnings of ₹227.42 crore during April 2025, whereas in April 2026, exports were 15,039.21 tonnes with earnings of ₹256.79 crore. During the year 2025-26, turmeric exports totaled 175,896 tonnes, generating earnings of ₹2,887.18 crore.