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Published on 19/04/2021 12:56:22 PM | Source: Kedia Advisory

Dhaniya trading range for the day is 6913-7353 - Kedia Advisory

Posted in Commodities Reports| #Commodity Tips #Kedia Advisory

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Turmeric

Turmeric trading range for the day is 8014-8518.

Turmeric prices gained as support seen after preliminary data showed for March 2021 showed turmeric exports gained by 5%

Prices also seen supported on export orders to Bangladesh, besides domestic demand and projections of lower production.

Prices have increased in view of the closure of physical markets in Andhra Pradesh, Telangana and Maharashtra for nearly two weeks.

In Nizamabad, a major spot market in AP, the price ended at 7661.75 Rupees dropped -91.05 Rupees.

 

Jeera

Jeera trading range for the day is 14140-14760.

Jeera dropped as prices remained under pressure as there is pressure on the supply of new crops

In Gujarat and Rajasthan mandis, the arrival of cumin has increased by 65.28% during the current marketing year

Preliminary data showed for March 2021 showed jeera exports gained by 92% on year on year basis to 37,326 tons

In Unjha, a key spot market in Gujarat, jeera edged down by -21.9 Rupees to end at 14054.55 Rupees per 100 kg.

 

Dhaniya

Dhaniya trading range for the day is 6913-7353.

.Dhaniya dropped as the arrival of coriander has increased 107.09 per cent from February to 31 March 2021.

However, sentiments are much better due to higher export demand and less stock in the pipeline.

According to FISS the production of coriander from the country this year will increase by 2.3% compared to last year.

In Kota spot market in Rajasthan the prices gained 81.25 Rupees to end at 7271.25 Rupees per 100 kg.

 

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