IGI Logo

Turmeric

Turmeric trading range for the day is 8000-8568.

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 7695 Rupees gained 39.1 Rupees.

Jeera

Jeera trading range for the day is 13970-14500.

Jeera prices gained on short covering tracking gains in other agri commodities after 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 6826-7082.

Dhaniya remained supported as sentiments are much better due to higher export demand and less stock in the pipeline.

The arrival of coriander has increased 107.09 per cent from February to 31 March 2021.

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 10.05 Rupees to end at 7218.4 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