Dhaniya trading range for the day is 6300-6444 - Kedia Advisory
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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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