Turmeric trading range for the day is 8634-9638 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 8634-9638.
Turmeric prices gained amid fears of lower output
Apart from the quality of new goods being lighter, the percentage of moisture is also coming higher.
However upside seen limited as no demand for shipments at current prices of around ₹9,000 and export prospects of turmeric have been affected.
In Nizamabad, a major spot market in AP, the price ended at 8105 Rupees gained 3.55 Rupees.
Jeera
Jeera trading range for the day is 13850-14210.
Jeera prices gained as there is a possibility of a decrease in the production of cumin due to the rise in temperature.
In Unjha Mandi, 21,000 bags have come in as compared to 12,500 bags
In Rajkot whereas 7,500 bags have arrived in Rajkot as compared to 7,000 bags in the previous session.
In Unjha, a key spot market in Gujarat, jeera edged down by -40.6 Rupees to end at 13433.35 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 6736-7420.
Dhaniya gains due to a lower crop yield and increased demand in the domestic and export market.
The domestic and export sales will grow by over 20% over the previous year as spices will be much in demand.
From Rajasthan not more than 12 lakh bags of coriander is expected.
In Kota spot market in Rajasthan the prices gained 2.1 Rupees to end at 7025 Rupees per 100 kg.
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