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Published on 23/09/2022 2:54:59 PM | Source: Kedia Advisory

Jeera trading range for the day is 24495-25195 - Kedia Advisory

Posted in Commodities Reports| #Commodity Tips #Kedia Advisory

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Turmeric

Turmeric trading range for the day is 6942-7362. Turmeric dropped as sowing activities has almost completed and Crop size is expected to be on par. In the ongoing season, no major quality concerns were observed in the crop arrived in the Marathwada region. In the month of July 2022 around 12,810.36 tonnes turmeric was exported as against 18,532.00 tonnes in June 2022 showing a drop of 30.87%. In Nizamabad, a major spot market in AP, the price ended at 7272.1 Rupees dropped -30.6 Rupees.

Jeera

Jeera trading range for the day is 24495-25195. Jeera price seen supported as supply was observed to be less as farmers and stockists were holding stocks Mandi arrivals of Jeera, at all-India level decreased by 10% as compared with previous month All-India Jeera production is expected to fall in the Marketing year 2022-23 by around 33% to 3 lakh tonnes on y-o-y basis due to lower sowings. In Unjha, a key spot market in Gujarat, jeera edged up by 30.85 Rupees to end at 24529.65 Rupees per 100 kg

Dhaniya

Dhaniya trading range for the day is 10265-10973. Friday, September 23, 2022 www.kediaadvisory.com Page No. 4 Dhaniya dropped amid increased arrivals and imports are likely to keep prices under pressure. Imports from Russia, Syria and other global counties has picked up that will keep supply adequate. Stockiest are releasing their stocks in fear of further fall in prices in wake of ease in supply from black sea. In Kota spot market in Rajasthan the prices dropped -224.4 Rupees to end at 10837.3 Rupees per 100 kg

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