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Published on 15/11/2019 11:28:02 AM | Source: Kedia Commodity Ltd

Jeera trading range for the day is 16210-16690 - Kedia Commodity

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

Turmeric

* Turmeric trading range for the day is 5796-6104.

*  Turmeric prices gained on fears of delay in harvesting and weak supplies.

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

* At the Erode Turmeric Merchants Association Sales yard, finger turmeric was sold at Rs 5,700-7,269 a quintal

* In Nizamabad, a major spot market in AP, the price ended at 6100 Rupees gained 50 Rupees.

 

Jeera

* Jeera trading range for the day is 16210-16690.

* Jeera prices gained on good export demand hopes as output in Syria and Turkey.

* Currently, export demand is almost zero and production is expected to increase in the coming season.

* As per data arrivals of jeera in Gujarat is about 30,000 tn compared to 7,500 tn last year same period.

* In Unjha, a key spot market in Gujarat, jeera edged up by 88.1 Rupees to end at 16722.9 Rupees per 100 kg.

 

Dhaniya

* Dhaniya trading range for the day is 6607-6885.

* Dhaniya prices gained due to strong demand between lower production and dwindling stocks.

* Acreage were lower by almost 30-40 per cent

* Govt. estimates coriander output in 2018-19 to be at 5,67,000 tons versus 7,56,000 tones.

* In Kota spot market in Rajasthan the prices gained 175.55 Rupees to end at 7175.55 Rupees per 100 kg.

 

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