Dhaniya trading range for the day is 6053-6365 - Kedia Advisory
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TURMERIC
Turmeric trading range for the day is 6390-6606.
Turmeric prices gained in recent sessions after production is expected to decline in Maharashtra due to inclement weather.
In the top producing states the arrival of new goods of turmeric was delayed by 15-20 days
With the Telangana producer demanding a MSP from the government Rs 15,000 per quintal, has also gone on strike in January.
In Nizamabad, a major spot market in AP, the price ended at 6238.65 Rupees gained 3.55 Rupees.
JEERA
Jeera trading range for the day is 13370-13740.
Jeera dropped on slight profit booking after prices gained in recent sessions after update of crop reduction of 15 to 20%
Consumption of cumin has increased in the current year and export demand is also large and cumin is unlikely to slow down from the current price
Currently, Syrian cumin is priced at $ 2900 to 3000 per ton in the international market, Afghanistan cumin is being priced at $ 2300 to 2350 per ton.
In Unjha, a key spot market in Gujarat, jeera edged down by -40.6 Rupees to end at 13150 Rupees per 100 kg.
DHANIYA
Dhaniya trading range for the day is 6053-6365.
Dhaniya dropped on profit booking after prices gained as domestic and export demand improved as vaccine hits market and sentiments improved.
Pressure also seen amid rising freight rates that can impact export
Indian exports inquires gained in past 1 week period while no concerns are there on exports
In Kota spot market in Rajasthan the prices gained 2.1 Rupees to end at 6000 Rupees per 100 kg.
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