Turmeric prices cross ₹23,000 a quintal in Erode
Turmeric prices have surged to record highs in Erode due to drought conditions and reduced cultivation in major growing regions. Market experts anticipate further price increases as production is expected to decline significantly next year.
Why it matters
Rising commodity prices impact both agricultural income and consumer food costs, reflecting broader climate-related economic pressures.
Turmeric prices crossed ₹23,000 a quintal at the Perundurai Regulated Market on Wednesday (October 14, 2026), touching their highest level in recent years. Lower arrivals, drought conditions in major growing regions, and uncertainty over the next crop are expected to influence prices in the coming weeks.
Turmeric is widely cultivated in Erode and Dharmapuri districts and parts of Karnataka. The commodity is traded at regulated markets in Erode and Perundurai and at the Agricultural Producers’ Cooperative Marketing Societies in Karungalpalayam and Gobichettipalayam.
At the Perundurai Regulated Market on Wednesday, finger turmeric fetched between ₹15,336 and ₹23,099 a quintal, while bulb turmeric was priced between ₹15,099 and ₹19,626. At the Erode Regulated Market on October 7, finger turmeric fetched between ₹13,509 and ₹19,244 a quintal, while bulb turmeric was priced between ₹7,599 and ₹17,729. The maximum prices of finger and bulb turmeric rose by ₹3,855 and ₹1,897, respectively, over the week.
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