Turmeric Monthly Market Updates 2025

Posted on

Turmeric in a bowl

June | July | August | September | October | November | December

As the turmeric growing season unfolds, the market enters a critical phase that can significantly impact supply chains, pricing trends, and contracting strategies. For customers who depend on consistent quality and timely delivery, staying ahead of developments in the crop cycle is essential.

Our team of experts, including our Herbs and Spices Specialist, Neil Burton, will keep you updated on key factors affecting turmeric production, such as weather conditions, sowing and harvest progress, and regional supply dynamics. With timely insights, we aim to support your decision-making on procurement planning, pricing expectations, and contract timing.

For more information on the latest turmeric market update, contact Neil Burton at neil.burton@brusco.co.uk or call 01386 761 555.

Turmeric Market Update
July 2025

Indian Price Update

  • Prices have risen by 5% in the past month, surpassing peak arrival levels.

Indian Crop Update

  • Final phase of sowing underway, expected to complete by end of July.
  • No significant change expected in total cultivation area.
  • Market demand is being met from high carry-forward stocks; daily market inflow has reduced.
  • Prices have remained steady despite lower market arrivals.
  • Carry-forward stocks of polished turmeric are higher compared to last year.
  • NCDEX turmeric prices have increased by 5% in the past month.
  • Market volatility is influenced by US tariff uncertainty and USD/INR exchange rate fluctuations.

Indonesia Crop Update

  • Harvesting is ongoing across key turmeric regions.
  • Crop output expected to exceed last year’s.
  • Rain is disrupting harvesting and drying, limiting dried turmeric supply for export/domestic use.
  • Strong domestic demand for fresh turmeric, particularly from the beverage sector.
  • Poor drying conditions are delaying export-quality turmeric availability.

June 2025

Price Update:

  • Prices have remained stable over the past two weeks.
  • Still trading above peak arrival season levels.
  • NCDEX futures suggest a potential further price increase.

Indian Crop Update:

  • The harvest is complete in southern India and nearing completion in central Maharashtra.
  • Sowing has started in parts of the south and will accelerate once rainfall subsides.
  • Turmeric arrivals have declined across the country, and carryover stocks are low.
  • Farmers expect prices to stay high and consider turmeric a favourable crop for the next season.
  • Seed demand has increased.
  • There is steady demand for dried turmeric, particularly from the powdering industry and retail buyers. Some farmers are holding on to their dry stocks in anticipation of further price increases.