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Turmeric

Turmeric trading range for the day is 7716-8196.

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.

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 8061.85 Rupees gained 83.05 Rupees.

Jeera

Jeera trading range for the day is 21550-23570.

Jeera 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 up by 160.45 Rupees to end at 22092.15 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 12050-12930.

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 72 Rupees to end at 12242.8 Rupees per 100 kg.

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