Dhaniya trading range for the day is 11009-11709 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7874-8270.
Turmeric prices seen supported as the arrivals of New season turmeric are diminishing and exports demand is improving.
Traders and exporters are expecting the prices to remain stable as Maharashtra and Andhra Pradesh turmeric arrivals have also increased.
Turmeric harvesting in Indonesia is likely to start during June – July 2022 and crop is reported to be normal.
In Nizamabad, a major spot market in AP, the price ended at 8182 Rupees dropped -185.25 Rupees.
Jeera
Jeera trading range for the day is 20970-21600.
Jeera prices dropped as cumin exports dropped by 60.58% in March 2022 as compared to March 2021
Currently, steady demand can be seen from Bangladesh and other Islamic countries. And due to Bakri-Eid in July further increase in demand is expected.
Jeera arrivals in Unjha market were around 5,000 bags, Saurashtra and Gondal market around 800 t0 1,000 bags are arriving
In Unjha, a key spot market in Gujarat, jeera edged up by 112.2 Rupees to end at 21454.6 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 11009-11709.
Dhaniya prices dropped as coriander exports dropped by 34.78% in March 2022 to around 3076.23 tonnes as against 4717.10 tonnes in March 2021.
17 to 18 lakh sacks of coriander are yet to arrive, out of which 9 months of the season are yet to come
At present, 7 to 8 thousand bags are coming daily in the mandis of Gujarat, against an average of 10 to 12 thousand bags of daily trade.
In Kota spot market in Rajasthan the prices gained 120.1 Rupees to end at 11506.35 Rupees per 100 kg.
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