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Published on 17/04/2018 12:43:08 PM | Source: Kedia Commodity Ltd

Turmeric trading range for the day is 6736-6916 - Kedia Commodity

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

Trading Ideas


Turmeric trading range for the day is 6736-6916.

Turmeric prices gained on back of good buying interest from local stockists amid arrival of good quality produce and strong upcountry demand.

In Nizamabad, daily arrivals have fallen to around 12,000 bags from over 20,000 bags a week ago.

NCDEX accredited warehouses turmeric stocks gained by 70 tonnes to 2919 tonnes.

In Nizamabad, a major spot market in AP, the price ended at 6471.45 Rupees remains unchanged at0 Rupees.

BUY TURMERIC MAY 2018 @ 6750 SL 6650 TGT 6880-6980.NCDEX.

Trading Ideas


Jeera trading range for the day is 15600-16030.

Jeera prices gained supported by fresh buying on lower arrivals and anticipation of improve in physical demand in coming weeks.

Arrivals of jeera in the country were lower at 15,367 tonnes during 1-15 April.

NCDEX accredited warehouses jeera stocks gained by 44 tonnes to 3413 tonnes.

In Unjha, a key spot market in Gujarat, jeera edged up by 63.35 Rupees to end at 15933.35 Rupees per 100 kg.

BUY JEERA MAY 2018 @ 15700 SL 15600 TGT 15850-15980.NCDEX.

Trading Ideas


Cardamom trading range for the day is 968.1-1032.5.

Cardamom dropped due to lack of support in the wake of reports of favourable weather conditions in the producing centres of Kerala.

The current weather will not only help the growth of plants but arrivals of new crop may also start early.

New crop season starts from August but if weather is favourable than new produce supplies commence by June end.

Cardamom prices in spot market dropped by 30.40 rupees and settled at 1018.30 rupees.

SELL CARDAMOM MAY 2018 @ 1000.00 SL 1010.00 TGT 990.00-975.00.MCX.

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