Published on 19/08/2019 10:38:17 AM | Source: Kedia Commodity Ltd

Dhaniya trading range for the day is 5853-6013 - Kedia Commodities

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

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* Turmeric trading range for the day is 6820-7252.

* Turmeric gained on short covering after prices dropped due to fall in export mainly poor demand from Iran.

* Fresh spell of rains in producing centres is likely to have positive impact on yield and output.

* In Tamil Nadu, Turmeric growing regions lower rainfall reported, till now only 45-50% sowing completed.

* In Nizamabad, a major spot market in AP, the price ended at 6826.2 Rupees gained 44.4 Rupees.


* Jeera trading range for the day is 16695-17125.

* Jeera prices dropped due to sufficient availability and prospects of good crop next season.

* Further, pressure seen because of high moisture content in the spice, due to rainfall in the key producing areas of Gujarat.

* Parched land of Gujarat got good rains recently and soil moisture along with higher prices will motivate farmers to grow jeera on higher area

* In Unjha, a key spot market in Gujarat, jeera edged down by -33.1 Rupees to end at 17355.35 Rupees per 100 kg.


* Dhaniya trading range for the day is 5853-6013.

* 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 -28.1 Rupees to end at 6636.45 Rupees per 100 kg.


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