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Turmeric

Turmeric trading range for the day is 6996-7344.

Turmeric gained on short covering after prices dropped in recent sessions on report of better sowing.

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 7285.75 Rupees gained 35.75 Rupees.

Jeera

Jeera trading range for the day is 25280-25790.

Jeera prices 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 27.55 Rupees to end at 24811.65 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 10889-11369.

Dhaniya dropped on profit booking amid slowdown in demand as the processors and traders are buying as per their requirements.

Current crop production in major coriander growing states of Madhya Pradesh, Rajasthan and Gujarat is estimated lower as compared to last year.

Coriander production is also likely to decline in Syria, Bulgaria, Romania, Ukraine and Russia this year.

In Kota spot market in Rajasthan the prices dropped -116.8 Rupees to end at 11232.35 Rupees per 100 kg.

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