04-08-2021 11:27 AM | Source: Kedia Advisory
Jeera trading range for the day is 14300-14810 - Kedia Advisory
News By Tags | #473 #5839

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Turmeric

Turmeric trading range for the day is 7810-8286.

Turmeric dropped as demand declined at higher levels and arrivals increased in Nizamabad and Erode.

Pressure also seen as no demand for shipments at current prices of around ₹9,000 and export prospects of turmeric have been affected.

Prices seen pressure as sentiments again drown down after the Central government clarified that a turmeric board would not be set up in Nizamabad

In Nizamabad, a major spot market in AP, the price ended at 7700 Rupees gained 8.8 Rupees.

 

Jeera

Jeera trading range for the day is 14300-14810.

Jeera dropped as pressure seen as mandi arrivals of Jeera, at all-India level increased by around 48% during the month

New season crop arrivals are reported in Gujarat and Rajasthan, seems to have led to higher mandi arrivals.

However, new season crop is reported to have higher moisture level.

In Unjha, a key spot market in Gujarat, jeera edged down by -86.5 Rupees to end at 14310.55 Rupees per 100 kg.

 

Dhaniya

Dhaniya trading range for the day is 7137-7525.

Dhaniya prices dropped as rising Covid cases and fear of lockdown hurting prices.

However upside seen limited amid an improvement in weather conditions, with more arrivals in mandis.

Fresh restriction in Maharashtra has impacted coriander supply which has ultimately supported the price of coriander.

In Kota spot market in Rajasthan the prices dropped -12.65 Rupees to end at 7379.55 Rupees per 100 kg.

 

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