Dhaniya trading range for the day is 11239-12759 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 8462-9246.
Turmeric dropped as new season turmeric is arriving in the market and exports are normal this season.
As per first advance estimates, the production of turmeric is pegged at 11.76 lakh tonnes in 2021-22 against 11.24 lt in 2020-21.
In FY 2021/22 (Apr-Feb), exports down 20% at 1.37 lakh tons compared to last year but higher by 8.3% compared with 5-year average.
In Nizamabad, a major spot market in AP, the price ended at 8864.7 Rupees dropped -23.55 Rupees.
Jeera
Jeera trading range for the day is 21315-22555.
Jeera dropped as new crop arrivals started coming with moisture content 8% to 10%
Jeera dropped as new crop arrivals started coming with moisture content 8% to 10%
There were reports of decline in sowing area and improving domestic demand.
In Unjha, a key spot market in Gujarat, jeera edged up by 30.55 Rupees to end at 21955.55 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 11239-12759.
Dhaniya prices dropped due to increased arrivals from the season crop.
The Russian invasion of Ukraine could affect the supply of coriander from Romania and Bulgaria, which would help the Indian market.
The export of coriander declined by 15% to 3,590 tonnes in January 2022 as compared to 4,630 tonnes in December 2021.
In Kota spot market in Rajasthan the prices gained 124 Rupees to end at 12193 Rupees per 100 kg.
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