Dhaniya trading range for the day is 6653-7005 - Kedia Advisory
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TURMERIC
Turmeric trading range for the day is 7262-7494
Turmeric dropped as sentiment is weak and sluggish demand from local stockists amid poor quality arrivals in the market.
However downside seen limited as turmeric crops were severely damaged in Parbhani and Hingole due to heavy rains
Support also seen on following export demand from Europe, Gulf countries and Bangladesh.
In Nizamabad, a major spot market in AP, the price ended at 7339.75 Rupees gained 1.65 Rupees.
JEERA
Jeera trading range for the day is 13270-13460.
Jeera dropped amid excess supply and as demand is likely to remain subdued on weak buying from local and overseas markets.
However only 45-50 percent of the total production has come to the market.
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 -57.15 Rupees to end at 13700 Rupees per 100 kg.
DHANIYA
Dhaniya trading range for the day is 6653-7005.
Dhaniya settled down amid subdued demand from domestic as well as international buyers dented market sentiments
Arrivals in Rajkot mandi were affected as farmers were busy with sowing
Buyers from the south are refraining from buying from the mandis of Rajasthan, Gujarat and Madhya Pradesh.
In Kota spot market in Rajasthan the prices dropped -21.25 Rupees to end at 7038.75 Rupees per 100 kg.
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