Turmeric Stays Firm: Market Demand Fuels Price Rally, Outlook Positive

The turmeric market continues to show notable resilience, with prices in key Indian markets like Erode and Nizamabad trending upwards amid firm demand. Steady buying by stockists and active participation in quality lots have underpinned a buoyant market tone, resisting any significant downward pressure. While arrivals have remained moderate—around 3,000 bags in Erode and approximately 2,000 in Nizamabad—buyers’ activity remains robust, ensuring that the recent firmness in prices is well supported by fundamentals. In fact, select varieties like the 352 are seeing quotes close to US$186 per quintal, signaling strong underlying sentiment throughout the supply chain.

With no signs of aggressive selling and consistent demand from buyers, most traders expect these supportive conditions to persist over the near term, suggesting limited downside risk for prices ahead. The sustained strength is further validated by recently stable FOB export prices from New Delhi and Telangana for both organic and conventional turmeric products, while the overall outlook remains cautiously optimistic.

📈 Prices at a Glance

Product	Quality/Type	Origin	Price (EUR/kg, FOB)	Prev. Price	Last Update	Market Sentiment
Turmeric powder (organic)	–	New Delhi, IN	3.40	3.40	2026-02-14	Stable-to-Firm
Turmeric whole (organic)	–	New Delhi, IN	2.57	2.57	2026-02-14	Stable-to-Firm
Turmeric dried (finger, Salem, grade A, conventional)	Double polished	Telangana, IN	1.63	1.63	2026-02-14	Stable
Turmeric dried (finger, Nizamabad, grade A, conventional)	Double polished	Telangana, IN	1.51	1.52	2026-02-14	Stable (slight dip)

🌍 Supply & Demand

• Arrivals: Moderate daily arrivals in Erode (~3,000 bags) and Nizamabad (~2,000 bags).
• Demand: Consistent and active buyer interest, especially for quality lots, supports market strength.
• Stockist Activity: Actively buying, further supporting positive sentiment and minimizing downside risk.
• Market Tone: Firm throughout, with premium quotes for leading varieties (e.g., 352 variety at US$186/quintal).

📊 Fundamentals & Market Drivers

• No aggressive selling noted, further limiting downward price pressure.
• Strong demand continues to outpace moderate arrivals, supporting a firm market environment.
• Prices bolstered by quality-driven competition among buyers.
• Recent stability in FOB export prices underlines international demand support.
• India’s dominance in global turmeric trade keeps local trends highly influential for global benchmarks.

☀️ Weather & Crop Outlook

• Current crop arrivals suggest average seasonal progress; no major disruptions reported.
• Weather in key regions (Telangana, Erode, Nizamabad) currently seasonally normal, not expected to impact short-term supply.
• Continued normal weather could sustain current price trends and yield stability for the upcoming arrivals window.

🌏 Production & Stock Overview

• India: Remains largest producer; moderate supply supports steady local and export market conditions.
• Global Market: Indian pricing trends dominate; international buyers closely watch Erode and Nizamabad for signals.
• Stocks: No surplus-induced pressure; trade flow and stockist buying steady.

📆 Trading Outlook & Recommendations

• Expect a continued firm tone in the near term if stockist and export demand remain steady.
• Premium varieties may offer best opportunities amid current demand.
• Monitor arrival patterns and weather outlook for any new supply shocks.
• Upside risk persists if arrivals do not accelerate and buyer demand continues.
• No immediate signs of correction—short-term bullish bias favored.

🔮 3-Day Regional Price Forecast

Market/Exchange	Product	Current Price (EUR/kg)	Forecast Price Range (EUR/kg)
Erode (IN)	Turmeric whole	2.57	2.55 – 2.62
Nizamabad (IN)	Turmeric dried (grade A)	1.51	1.50 – 1.55
New Delhi (IN)	Turmeric powder (organic)	3.40	3.38 – 3.45