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Jeera 

Observation

Jeeraunjha trading range for the day is 45640-50500

Jeera prices gained due to good export demand

Traders are avoiding bulk buying in anticipation of rise in seasonal supply of jeera in Gujarat and Rajasthan.

The market is expecting a lower yield and quality of jeera this season

In March 2023 around 19,456.02 tonnes of jeera was exported showing a rise of 58.88% from February 2023

Dhaniya

Observations

Dhaniya trading range for the day is 5944-6116

Dhaniya prices dropped due to increased arrivals pressure.

Supplies are improving in Rajasthan, as Rajasthan is likely to witness bumper production in current year.

Carry over stocks of old coriander is around 5-6 lakh bags is estimated to remain

Carry over stocks of old coriander is around 5-6 lakh bags is estimated to remain

Turmeric

Observations

TMCFGRNZM trading range for the day is 7696-8028

Turmeric dropped on profit booking in expectation of rise in domestic supplies.

India Meteorological Department projected onset of monsoon is likely to be delayed

Supplies in Maharashtra and Telangana are likely to increase as farmers are getting fair realization on their produce.

In March 2023 around 18,810.47 tonnes of turmeric was exported showing a rise of 27.04% from February 2023

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