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Published on 3/12/2021 3:10:12 PM | Source: Kedia Advisory

Jeera trading range for the day is 15325-15985 - Kedia Advisory

Posted in Commodities Reports| #Commodity Tips #Kedia Advisory

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Turmeric

Turmeric trading range for the day is 6996-7604.

Turmeric dropped as turmeric standing crop quality reported well as of now, weather is favourable in growing regions.

Spices Board pegs Apr-Sep turmeric exports at 77,245 tn, down 26%

Turmeric all India production for 2022 is estimated at 4.89 lakh MT up by 9.64% from last year.

In Nizamabad, a major spot market in AP, the price ended at 7425 Rupees gained 26.2 Rupees.

 

Jeera

Jeera trading range for the day is 15325-15985.

Jeera ended with losses as there were reports cumin seed sowing picked up in Gujarat and Rajasthan.

The area under cumin in Gujarat is only 63,144 hectares as against 1.68 lakh hectares at the same time last year

Spices Board pegs Apr-Sep jeera exports at 139,295 tn, down 14%

In Unjha, a key spot market in Gujarat, jeera edged down by -66.65 Rupees to end at 15900 Rupees per 100 kg.

 

Dhaniya

Dhaniya trading range for the day is 8101-8745.

Dhaniya prices dropped as monsoon progress which can support Rabi season crops.

Pressure also seen amid decrease in export and domestic demand due to poor quality of coriander in the current year.

Spices Board pegs Apr-Sep coriander exports at 24,459 tn, down 13%

In Kota spot market in Rajasthan the prices dropped -71.85 Rupees to end at 8485.95 Rupees per 100 kg.

 

 

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