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Published on 23/11/2020 1:24:53 PM | Source: Kedia Advisory

Dhaniya trading range for the day is 6510-6630 By Kedia Advisory

Posted in Commodities Reports| #Commodity Tips #Kedia Advisory

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Turmeric

Turmeric trading range for the day is 5664-5788.

Turmeric prices remained supported as in Telangana, Turmeric sowning area has come down to 1.1 lakh acres.

Continuous rains for a few weeks in August-September and prolonged water-logging in thousands of acres have dampened hopes of a good yield too

The AP government has offered ₹6,550/quintal as MSP for the crop.

In Nizamabad, a major spot market in AP, the price ended at 5616.65 Rupees remains unchanged at0 Rupees.

 

JEERA

Jeera trading range for the day is 14050-14310.

Jeera gained as prices seen supported by a likely fall in the acreage in the 2020-21 (Oct-Sep) rabi season

Rabi sowing in Gujarat has kicked-off with farmers looking at a blooming season amid ample water availability following a good monsoon.

Farmers in Gujarat and Rajasthan may opt for other rabi crops due to remunerative prices.

In Unjha, a key spot market in Gujarat, jeera edged up by 32.3 Rupees to end at 14092.3 Rupees per 100 kg.

 

DHANIYA

Dhaniya trading range for the day is 6510-6630

Dhaniya gained on short covering after prices dropped after initial reports suggest the sowing for coriander has started on a strong note.

Rabi sowing has started on a strong note as there is ample water availability in the reservoirs and also due to excess rains damages were reported in many pockets.

There are reports that some of the crop arrived in physical markets of Rajasthan and Madhya Pradesh is rain damaged.

In Kota spot market in Rajasthan the prices gained 17.75 Rupees to end at 6593.4 Rupees per 100 kg.

 

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