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Published on 18/08/2022 11:11:59 AM | Source: Kedia Advisory

Dhaniya trading range for the day is 11512-12084 - Kedia Advisory

Posted in Commodities Reports| #Commodity Tips #Kedia Advisory

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Turmeric

Turmeric trading range for the day is 7282-7446.

Turmeric prices seen supported amid expectations of decline in sown area in the ongoing kharif sowing season.

In the ongoing season, no major quality concerns were observed in the crop arrived in the Marathwada region.

In the ongoing season, no major quality concerns were observed in the crop arrived in the Marathwada region.

In Nizamabad, a major spot market in AP, the price ended at 7524.7 Rupees gained 28.75 Rupees.

 

Jeera

Jeera trading range for the day is 24715-25595.

Jeera prices seen supported as supply was observed to be less as farmers and stockists were holding stocks

Mandi arrivals of Jeera, at all-India level decreased by 10% as compared with previous month

All-India Jeera production is expected to fall in the Marketing year 2022-23 by around 33% to 3 lakh tonnes on y-o-y basis due to lower sowings.

In Unjha, a key spot market in Gujarat, jeera edged up by 312.05 Rupees to end at 24591.5 Rupees per 100 kg.

 

Dhaniya

Dhaniya trading range for the day is 11512-12084.

Dhaniya gained as steady exports and lower crop estimates have supported the markets.

Current crop production in major coriander growing states of Madhya Pradesh, Rajasthan and Gujarat is estimated lower as compared to last year.

Coriander production is also likely to decline in Syria, Bulgaria, Romania, Ukraine and Russia this year.

In Kota spot market in Rajasthan the prices gained 120.3 Rupees to end at 11781.6 Rupees per 100 kg.

 

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