Published on 29/10/2020 12:59:00 PM | Source: Kedia Advisory

Jeera trading range for the day is 13920-14940 By Kedia Advisory

Posted in Commodities Reports|

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel 

Download Telegram App before Joining the Channel


Turmeric trading range for the day is 5822-5978

Turmeric prices dropped following improved supplies while demand remained sluggish keeping downward pressure on prices.

Turmeric prices trading lower owing to a seasonal decline in demand from exporters and bulk buyers such as spice manufacturers.

Production for 2020-21 is expected to be around 5.20 Lakh tonnes on a preliminary basis as against last year’s production of 5.35 Lakh tonnes

In Nizamabad, a major spot market in AP, the price ended at 5675 Rupees dropped -16.3 Rupees.


Jeera trading range for the day is 13920-14940

Jeera prices gained as support seen after FAO of United Nations raised the threat, another locust attack likely in Gujarat and Rajasthan.

However upside seen limited as production of jeera may rise 29% to 535,500 tn in the 2019-20.

Despite a peak demand period, the operations of spices industry in many upcountry markets have been hit in the wake of a labour shortage.

In Unjha, a key spot market in Gujarat, jeera edged up by 35.55 Rupees to end at 13910.55 Rupees per 100 kg


Dhaniya trading range for the day is 6707-6899.

Dhaniya prices gained due to decline in arrivals and improved demand in the market supported uptrend in prices during the review period.

Supply of coriander in the key markets of Gujarat, Madhya Pradesh and Rajasthan has started waning.

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 40 Rupees to end at 6762.5 Rupees per 100 kg.


To Read Complete Report & Disclaimer Click Here


Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer