Turmeric futures rally, but the crop-loss claim needs proof
BIZ MASALA / COMMODITIES / AGRIBUSINESS Deferred NCDEX contracts jumped on 16 October and Nizamabad rates stayed firm. Tight stock estimates add to the bullish case, but no reliable source confirms a 41% loss across North Karnataka and Telangana. BY BIZ MASALA DESK | 19 OCTOBER 2026 Turmeric at a wholesale spice market. Illustrative editorial image; not a documentary photograph of a named mandi. MARKET SIGNAL LATEST REPORTED READING NCDEX December 2026 +4.49% on 16 October NCDEX October 2026 −1.00% on 16 October Nizamabad finger turmeric ₹21,700 per quintal on 16 October 41% regional crop loss Not independently verified Turmeric has a firmer price story this week, but the evidence is more nuanced than a simple weather-led supply shock. NCDEX data for Friday, 1...