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Published on 22/01/2021 12:39:37 PM | Source: Kedia Advisory

Dhaniya trading range for the day is 5989-6129 - Kedia Advisory

Posted in Commodities Reports| #Commodity Tips #Kedia Advisory

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TURMERIC

Turmeric trading range for the day is 6212-6408.

Turmeric dropped due to excess stocks which will be 50-60% of the excess in the current year as carry forward in the next year.

However downside seen limited amid expectation of decrease in Turmeric sown area

Stockiest are getting active and started purchasing actively due to factors like decreasing sowing area and increasing demand.

In Nizamabad, a major spot market in AP, the price ended at 5931.8 Rupees gained 3.55 Rupees.

 

JEERA

Jeera trading range for the day is 12935-13345.

Jeera prices gained due to constraints in supply as the end of season approaches.

Support was also seen from the export side as exporters switched to Indian cumin seed this time.

Demand for Indian Cumin has improved from UAE and Vietnam in recent months.

In Unjha, a key spot market in Gujarat, jeera edged down by -40.6 Rupees to end at 12963.15 Rupees per 100 kg.

 

DHANIYA

Dhaniya trading range for the day is 5989-6129.

Dhaniya prices dropped as there is a high arrival of new crop and prices are being fixed according to its moisture.

There is an increase in arrival of cold coriander in the mandis, even demand from local mills is hardly seen.

High-grade coriander was sluggishly inaccessible, while in Ramganj mandi, poor quality coriander prices remained low.

In Kota spot market in Rajasthan the prices gained 2.1 Rupees to end at 5929 Rupees per 100 kg.

 

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