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2026-01-23 12:20:53 pm | Source: Kedia Advisory
BUY TURMERIC APR @ 17800 SL 17500 TGT 18200-18400. NCDEX - Kedia Advisory
BUY TURMERIC APR @ 17800 SL 17500 TGT 18200-18400. NCDEX - Kedia Advisory

Jeera

 

BUY JEERA MAR @ 24600 SL 24300 TGT 24900-25200. NCDEX

Observations

Jeera trading range for the day is 23650-25710.

Jeera dropped due to comfortable supplies and tepid export interest amid adequate existing stocks.

However downside seen limited as weather issues and delayed sowing are keeping cumin prices strong.

In Gujarat, Jeera sowing seen at 398438 hectares down by 16.31% compared to last years 476097 hectares.

In Unjha, a major spot market, the price ended at 23551.95 Rupees dropped by -0.57 percent.

 

Dhaniya

 

BUY DHANIYA APR @ 11300 SL 11100 TGT 11600-11800. NCDEX

Observations

Dhaniya trading range for the day is 10888-12328.

Dhaniya dropped on profit booking after prices gained as sowing seen at 125,510 hectares down by 3.78%.

Seasonal demand, especially ahead of the wedding period, is further expected to keep consumption active.

Dhaniya exports during Apr - Sep 2025, rose by 14.45% at 26355.76 tonnes as compared to 23029.16 tonnes exported during Apr - Aug 2024.

In Gondal, a major spot market, the price ended at 10465.95 Rupees gained by 0.12 percent.

 

TURMERIC

 

 

BUY TURMERIC APR @ 17800 SL 17500 TGT 18200-18400. NCDEX

Observations

Turmeric trading range for the day is 17450-18202.

Turmeric dropped amid increase in acreage due to favourable rains during the current sowing season.

India’s turmeric crop for the 2026 harvest is shaping up with higher acreage but only moderate supply growth.

However downside seen limited as arrivals remain below normal and good domestic and international demand.

In Nizamabad, a major spot market, the price ended at 16805.5 Rupees dropped by -0.31 percent.

 

 

 

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