Dhaniya trading range for the day is 6439-6775 - Kedia Advisory
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TURMERIC
Turmeric trading range for the day is 7412-8144.
Turmeric dropped on profit booking after prices rallied due to the possibility of 25 percent crop loss in Telangana and Andhra Pradesh.
Even in Sangli district of Maharashtra, the crop has been affected.
Covid-19 raised expectations regarding the consumption of turmeric as a body immune enhancer, but it did not last long
In Nizamabad, a major spot market in AP, the price ended at 7425 Rupees gained 3.55 Rupees.
JEERA
Jeera trading range for the day is 13225-13965.
Jeera prices gained due to constraints in supply as the end of season approaches.
Support was also seen from the export side as exporters switched to Indian cumin seed this time.
Demand for Indian Cumin has improved from UAE and Vietnam in recent months.
In Unjha, a key spot market in Gujarat, jeera edged down by -40.6 Rupees to end at 13078.55 Rupees per 100 kg.
DHANIYA
Dhaniya trading range for the day is 6439-6775.
Dhaniya prices gained the arrival coming in the mandis of Madhya Pradesh and Rajasthan has been damaged due to adverse weather in December.
Currently 15/20 percent moisture is coming in new crop.
Yield of coriander in Rajasthan, which was considered 10/12 lakh sacks, has started getting limited to 10 lakh bags at present.
In Kota spot market in Rajasthan the prices gained 2.1 Rupees to end at 6392.95 Rupees per 100 kg.
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