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Turmeric Prices Surge As Drought Devastates Crops In Karnataka
C
CNBC Awaaz•06-10-2026, 09:23
Turmeric Prices Surge As Drought Devastates Crops In Karnataka
- •Turmeric prices in the futures market rose by 5.30 percent to reach Rs 22,630 per quintal due to severe drought in Karnataka.
- •A joint survey reveals that 13,446 hectares of turmeric crop have been damaged across the state, with an estimated loss of Rs 18,824 lakh.
- •Chamarajanagar district suffered the maximum damage affecting about 13,218 hectares of cultivation area.
- •With 53 more taluks added to the drought-affected list, market experts warn that supply could become severely limited and prices may rise further.
Key Questions Answered
A severe drought in Karnataka heavily damaged the turmeric crop, triggering a supply crisis and driving futures market prices up by 5.30% to reach Rs 22,630 per quintal.
Chamarajanagar district experienced the maximum damage, with approximately 13,218 hectares of area affected out of the 13,446 hectares total damaged in the state.
A joint survey by the Department of Horticulture, Revenue Department, and Karnataka State Disaster Management Authority found that 13,446 hectares of turmeric crop were damaged in Karnataka, valued at around Rs 18,824 lakh.
