Dhaniya trading range for the day is 10119-10859 - Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Turmeric
Turmeric trading range for the day is 7180-7324.
Turmeric gained on low level buying after 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 7362.4 Rupees dropped -44.2 Rupees.
Jeera
Jeera trading range for the day is 23805-25085.
Jeera recovered from lows as support seen 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 down by -185.5 Rupees to end at 24308.25 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 10119-10859.
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 -121 Rupees to end at 10964.75 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
