Dhaniya trading range for the day is 6891-7127 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 8592-9264.
Turmeric prices gained due to increased demand of new turmeric and arrivals decreased.
The arrival of turmeric from Nizamabad to Erode has reduced by 30 per cent and the cultivation of turmeric in Tamil Nadu has reduced.
In addition, since production has declined in Nanded and Basmatnagar in Maharashtra due to unfavorable weather.
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 13855-14155.
Jeera settled down as the arrival from the fields has started intensifying
However downside seen limited as there is a possibility of a decrease in the production of cumin due to the rise in temperature.
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 13510 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 6891-7127.
Dhaniya gains due to a lower crop yield and increased demand in the domestic and export market.
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 7019.75 Rupees per 100 kg.
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