Dhaniya trading range for the day is 11217-11465 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7616-8116.
Turmeric gained as arrivals of New season turmeric are diminishing and exports demand is improving as season progresses.
However, upside seen limited amid reports of sufficient stocks and good sowing progress in south India is pressurizing the prices.
Turmeric exports during 2021-22 (Apr-Mar) has improved by 4 percent at 1.78 lakh tonnes as compared to 1.72 lakh tonnes exported during 2020-21.
In Nizamabad, a major spot market in AP, the price ended at 8068.8 Rupees gained 102.65 Rupees.
Jeera
Jeera trading range for the day is 21040-21850.
Jeera prices seen supported as in Gujarat and Rajasthan markets arrivals have remained low.
Currently, steady demand seen from Bangladesh and due to Bakri-Eid in July further increase in demand is expected.
On daily basis Jeera arrivals in Unjha market were around 5,000 bags, Saurashtra and Gondal market around 800 to 1,000 bags are arriving.
In Unjha, a key spot market in Gujarat, jeera edged down by -64 Rupees to end at 21472.9 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 11217-11465.
Dhaniya gained as steady exports and lower crop estimates have supported the markets.
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 gained 49.95 Rupees to end at 11511.3 Rupees per 100 kg.
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