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Published on 9/12/2019 10:53:54 AM | Source: Kedia Commodity Ltd

Dhaniya trading range for the day is 6392-6722. - Kedia Commodity

Posted in Commodities Reports| #Commodity Tips

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Turmeric

* Turmeric trading range for the day is 5782-5998.

* Turmeric prices dropped on better crop prospects amid weak export demand from Iran. 

* In Andhra Pradesh, Duggirala market turmeric supply reported on an average 5,000-6,000 quintals per day.

* As per the latest statistics, the total area sown under turmeric in Telangana was at 48,315 hectare in the current 2019-20 season

* In Nizamabad, a major spot market in AP, the price ended at 5890.65 Rupees dropped -9.35 Rupees.

 

             

Jeera

* Jeera trading range for the day is 15680-15910.

* Jeera prices dropped amid better sowing prospects and good monsoon rains in all the production areas.

* However, incessant rains have increased the soil moisture levels in the production belts of Jeera which can delay the start of sowing by 10- 15 days

* There were fear that jeera output in Turkey has fallen to only 4,000 tons from normal output of 18,000 tons.

* In Unjha, a key spot market in Gujarat, jeera edged down by -117.75 Rupees to end at 16237.5 Rupees per 100 kg.

 

Dhaniya

* Dhaniya trading range for the day is 6392-6722.

* Mustard seed dropped on late profit booking after prices seen supported after revival of fresh buying by millers in physical

* Mustard seed crushing by mills in India jumped 22.2% on year to 550,000 tn in November

* Currently, high moisture level in the soil due to prolonged rains in most part of India is likely to delay sowing of Mustard.

* In Kota spot market in Rajasthan the prices gained 34.55 Rupees to end at 6971.1 Rupees per 100 kg.

 

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