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Turmeric

Turmeric trading range for the day is 9384-10376.

Turmeric gained as Turmeric crop was damaged in Maharashtra, Nizamabad in Telangana and Kadapa in Andhra Pradesh due to rains and cyclones

New season turmeric is arriving in the market and exports are normal this season.

In the first 9 months (April-December) of FY 2021-22, exports declined by 20.7% over the previous year to 1,16,400 tonnes.

In Nizamabad, a major spot market in AP, the price ended at 9202.65 Rupees gained 180.45 Rupees.

Jeera

Jeera trading range for the day is 22555-23445.

Jeera dropped as 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.

At Jodhpur market, new crop arrivals started coming with moisture content 8% to 10%

In Unjha, a key spot market in Gujarat, jeera edged down by -11.8 Rupees to end at 22229.4 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 12760-13372.

Dhaniya dropped on profit booking after prices gained on lower-than-normal acreage and fears of production shortfall due to cold wave in North India.

Coriander sowing is completed and sowing area is reported down by 10 – 15% compared to last year.

Exports during the April-December period declined by 13% to 37,500 tonnes from 43,100 tonnes last year, but 11% higher than the 5-year average.

In Kota spot market in Rajasthan the prices gained 80 Rupees to end at 12530 Rupees per 100 kg.

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