Dhaniya trading range for the day is 11359-11595 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 8050-8258.
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 8203.7 Rupees gained 21.7 Rupees.
Jeera
Jeera trading range for the day is 21330-21540.
Jeera gains because of lower production of the spice in the country, partly because many farmers shifted to more lucrative commodities.
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
Cumin exports dropped by 60.58% in March 2022 as compared to March 2021
In Unjha, a key spot market in Gujarat, jeera edged down by -67.7 Rupees to end at 21386.9 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 11359-11595.
Dhaniya gained as steady exports and lower crop estimates have supported the markets.
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 dropped -7.35 Rupees to end at 11499 Rupees per 100 kg.
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