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01-01-1970 12:00 AM | Source: Kedia Advisory
Dhaniya trading range for the day is 6300-6444 - Kedia Advisory
News By Tags | #473 #5839

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Jeera 

Jeeraunjha trading range for the day is 39290-41230

Jeera prices gained on crop worries grow due to unseasonal rains and hailstorms.

The market is expecting a lower yield and quality of jeera this season, which has boosted the demand fromdomestic and export buyers.

Cumin demand is predicted to exceed 85 lakh bags

this year, with a likely supply of 65 lakh bags.Jeera exports during Apr-Jan 2023, dropped by 17.85 percent at 1,54,782.65 tonnes

 

Dhaniya 

Dhaniya trading range for the day is 6300-6444

Dhaniya gained on low level as recent rainfall caused damage to crops.

The damage percentage for Coriander in Rajasthan is estimated to be 8%, while in MP it is 3%.

It is expected that the arrival of new crops in the mandis will be delayed.

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

Turmeric 

 

TMCFGRNZM trading range for the day is 6706-6886

Turmeric prices dropped as turmeric harvesting has started and farmers and stockists are releasing theirstocks.T

 

The crop is good this season despite some projection of a lower crop.

 

Turmeric exports during Apr-Jan 2023, rose by 7.76 percent at 1,36,492.59 tonnes

 

In January 2023 around 12,484.25 tonnes of turmeric was exported as against 12,039.57 tonnes in December2022 showing a rise of 3.69%.

 

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