Dhaniya trading range for the day is 6809-7165 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 8212-8948.
Turmeric dropped as the arrival of turmeric in the Nizamabad yard has doubled.
Pressure also seen as no demand for shipments at current prices of around ₹9,000 and export prospects of turmeric have been affected.
The arrival of new goods has started in Telangana and Sangli Mandi in Maharashtra.
In Nizamabad, a major spot market in AP, the price ended at 8058.35 Rupees gained 3.55 Rupees.
Jeera
Jeera trading range for the day is 13860-14870.
Jeera gained as there is a possibility of a decrease in the production of cumin due to the rise in temperature.
However upside seen limited as the arrival from the fields has started intensifying
In Unjha Mandi, 21,000 bags have come in as compared to 12,500 bags in Rajkot whereas 7,500 bags have arrived in Rajkot
In Unjha, a key spot market in Gujarat, jeera edged down by -40.6 Rupees to end at 13612.5 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 6809-7165.
Dhaniya prices gained as market is focusing on purchases by South Indian mills and exporters
The domestic and export sales will grow by over 20% over the previous year as spices will be much in demand.
From Rajasthan not more than 12 lakh bags of coriander is expected.
In Kota spot market in Rajasthan the prices gained 2.1 Rupees to end at 7068.75 Rupees per 100 kg.
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