- Agmarknet data shows sharp rise in arrivals, yet mandi prices correct marginally
- Strong buying by processors and exporters, tight pipeline stocks, support market
India’s turmeric market in 2026 has witnessed a significant increase in mandi arrivals during the peak harvesting period, yet prices have not corrected proportionately. According to Agmarknet data, which captures mandi-level arrivals and modal prices across key producing states, arrivals rose to 99,190 metric tonnes (t) in March 2026, nearly double compared to 51,910 t in March 2024 and well above 38,458 t in March 2025. April arrivals remained elevated at 93,442 t, again surpassing 27,678 t in April 2024 and 45,040 t in April 2025.
Despite this sharp increase in supply, mandi modal prices declined only moderately to INR 12,386 per quintal in March and INR 12,478 in April 2026. This compares with INR 19,574 per quintal in March 2024 and INR 13,565 per quintal in March 2025. The relatively limited price correction, despite significantly higher arrivals, suggests that the market has absorbed the supply influx without distress selling pressure.
Demand support, tight pipeline limit downside
The resilience in mandi prices reflects consistent demand from turmeric processors, stockists, and exporters, who appear to be actively procuring at lower levels. Bulk buyers are maintaining pipeline coverage, preventing any sharp downside in prices even during peak arrivals.
Trade feedback indicates that pipeline stocks remain relatively tight, particularly outside the mandi system, which continues to support market sentiment. While arrivals have increased seasonally, the absence of aggressive stock liquidation has helped maintain price stability.
Overall, the turmeric market is currently trading in a balanced but firm structure. Unless arrivals rise further or export demand weakens materially, downside remains limited, with the market likely to stay supported in the near term.
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