Dhaniya trading range for the day is 6723-6971 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7300-7888.
Turmeric dropped on profit booking as pressure seen after prices dropped across various APMC yards in the country
Turmeric prices are down as there is no demand because traders fear a fresh lockdown due to rise in Covid-19 cases could result in stockists' purchases dropping
Turmeric production is projected to be lower at 11.06 lakh tonnes (lt) against 11.53 lt last year.
In Nizamabad, a major spot market in AP, the price ended at 7600 Rupees dropped -73.55 Rupees
Jeera
Jeera trading range for the day is 13700-14200.
Jeera prices dropped as lockdown restrictions increased against rising Covid cases, slowing spot trade interest weakened market sentiments
As India struggles against curbing the Corona pandemic, exports markets have turned subdued.
The new season arrivals shall continue with good numbers hence there will be ample availability in the market.
In Unjha, a key spot market in Gujarat, jeera edged down by -67.05 Rupees to end at 13987.5 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 6723-6971.
Dhaniya prices settled flat as mandis across Rajasthan was affected due to the rapidly growing cases of corona virus.
However, downside seen limited as 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 -1.15 Rupees to end at 6921.6 Rupees per 100 kg.
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