Dhaniya trading range for the day is 11687-12895 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 8646-9306.
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 9153.5 Rupees gained 17.8 Rupees
Jeera
Jeera trading range for the day is 21485-22685
Jeera dropped as new crop arrivals started coming with moisture content 8% to 10%
The export of cumin in April-January declined by 23% year-on-year to 1.88 lakh tonnes as compared to 2.44 lakh tonnes in the previous year
There were reports of decline in sowing area and improving domestic demand.
In Unjha, a key spot market in Gujarat, jeera edged down by -236.1 Rupees to end at 21925 Rupees per 100 kg
Dhaniya
Dhaniya trading range for the day is 11687-12895
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 dropped -495 Rupees to end at 12069 Rupees per 100 kg
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