Dhaniya trading range for the day is 11388-12616 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7572-7920.
Turmeric dropped on profit booking amid reports of sufficient stocks and good sowing progress in south India is pressurizing the prices.
However, downside seen limited as arrivals of New season turmeric are diminishing and exports demand is improving as season progresses.
In the month of April 2022 around 13,762.59 tonnes turmeric was exported as against 15,751.54 in March 2022 showing a decline of 13%.
In Nizamabad, a major spot market in AP, the price ended at 8027 Rupees gained 17.2 Rupees.
Jeera
Jeera trading range for the day is 22300-23100.
Jeera dropped on profit booking after prices gained as in Gujarat and Rajasthan markets arrivals have remained low.
Syria's crop is reported to have come absolutely negligible in the event of drought.
Iran's cumin crop has been cut short and the crop there has been over within a few days of arrival.
In Unjha, a key spot market in Gujarat, jeera edged down by -13.2 Rupees to end at 22497.6 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 11388-12616.
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 -20.3 Rupees to end at 12212.1 Rupees per 100 kg.
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