IGI Logo

Turmeric

Turmeric trading range for the day is 7356-7672.

Turmeric prices gained as consumption has improved significantly after the Covid outbreak

Turmeric from Meghalaya, are in high demand in European markets.

Increase in export sales and rise in use of turmeric as an immunity builder has resulted in smaller carryover stock from last year

In Nizamabad, a major spot market in AP, the price ended at 7498.9 Rupees gained 1.15 Rupees.

Jeera

Jeera trading range for the day is 13265-13725.

Jeera prices gains as estimates indicate that production may fall by 10 to 15% compared to last year.

Production in Turkey was around 15,000 tonne last year, and the country may produce lesser this

Farmers need money to start sowing the kharif crop and they are bringing huge stocks to sell in the market after the easing of Covid-related restrictions

In Unjha, a key spot market in Gujarat, jeera edged down by -14 Rupees to end at 13678.1 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 6628-6860.

Dhaniya remained supported as there are reports Gujarat’s production estimate falling short of 55-60 lakh bags, pegged earlier.

Nearly 80 percent of Gujarat arrival will be over in another month’s time.

Inventories are running tight as consumption has been quite healthy since beginning of this year.

In Kota spot market in Rajasthan the prices gained 16.65 Rupees to end at 6941.65 Rupees per 100 kg.

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer