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Published on 16/07/2019 11:21:57 AM | Source: Kedia Commodity Ltd

Dhaniya trading range for the day is 7170-7314 - Kedia Commodities

Posted in Commodities Reports| #Kedia Commodity Ltd #Commodity Tips

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Turmeric

Turmeric trading range for the day is 6654-7174.

Turmeric ended with gains tracking strong export demand at spot markets and improving export demand.

Current year Turmeric sowing reported delayed by 20 - 25 days in Maharashtra due to water scarcity.

Turmeric sowing current year reported delay by 10 – 15 days due to delayed monsoon, in Andhra Pradesh sources revealed that area may go down current year

In Nizamabad, a major spot market in AP, the price ended at 6507.15 Rupees gained 63.05 Rupees

 

Jeera

Jeera trading range for the day is 17680-18620.

Jeera gained as the sentiments are on a strong foot due to steady demand from domestic stockists amid fall in supplies.

Arrivals are lower as farmers are hoarding their produce on expectations of better prices.

Good news for India's cumin exporters is that its yield in Syria-where new crop usually comes in the middle will be lower this year

In Unjha, a key spot market in Gujarat, jeera edged up by 474.1 Rupees to end at 17933.35 Rupees per 100 kg

 

Dhaniya

Dhaniya trading range for the day is 7170-7314.

Dhaniya gained amid good demand from the traders for new season crop due to uptick in exports and on lower new season arrivals.

Coriander acreage were lower by almost 30-40 per cent due to deficient monsoon rainfall in Gujarat and most parts of Rajasthan

Arrivals in the current year, according to the market sources are lower by about 20-25 per cent at 1.8 lakh tonnes

In Kota spot market in Rajasthan the prices dropped -76.6 Rupees to end at 7418.2 Rupees per 100 kg.

 

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