Despite higher sowing in major producing regions, continuous rainfall has damaged about 31–34% of the turmeric crop. Waterlogging has stunted growth and reduced yield prospects, particularly in Erode, Warangal, Duggirala, Kadapa, Sangli, and Nizamabad. However, cash shortages and past trading losses have led sellers to offload stocks even on minor price upticks. In key mandis, spot prices are currently ₹140–141 per kg, suggesting limited downside risk. In the futures market, strong competitive buying over the past two days has pushed prices up by ₹4–5 per kg, with December contracts quoted at ₹156–157 per kg. After a brief post-Diwali correction, prices in Erode are expected to rise further by around ₹10 per kg. Spot markets have firmed up alongside futures turmeric that sold for ₹125–126 per kg last month is now trading at ₹151–152 per kg. Persistent soil moisture and reduced supply are supporting a bullish trend, and traders anticipate that, with domestic stocks running low and international prices already higher, spot prices could reach ₹180 per kg before the new crop arrives in four months.