Dhaniya trading range for the day is 6701-7153 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7772-8292.
Turmeric prices dropped amid fears of rise in arrivals as the markets of Nizamabad, Erode, Salem have started as usual from 15 April.
Preliminary data showed for March 2021 showed turmeric exports gained by 5% on year on year basis to 13,026 tons against 12,462 tons in March 2020
Turmeric production is projected to be 11.06 lakh tonnes (lt) this season (July 2020-June 2021) compared with 11.53 lt the previous season.
In Nizamabad, a major spot market in AP, the price ended at 7655.9 Rupees dropped -28.3 Rupees.
Jeera
Jeera trading range for the day is 14035-14415.
Jeera prices dropped as the second wave of Corona has weakened its export demand.
Farmers are bringing cumin in the mandis of Gujarat and Rajasthan rapidly
There is pressure on the supply of new crops in the spot markets and demand will be affected due to the lockdown
In Unjha, a key spot market in Gujarat, jeera edged down by -21.9 Rupees to end at 14054.55 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 6701-7153.
Dhaniya dropped as the arrival of coriander has increased 107.09 per cent from February to 31 March 2021.
However, sentiments are much better due to higher export demand and less stock in the pipeline.
According to FISS the production of coriander from the country this year will increase by 2.3% compared to last year.
In Kota spot market in Rajasthan the prices dropped -105.45 Rupees to end at 7165.8 Rupees per 100 kg.
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