Dhaniya trading range for the day is 6777-7405 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7742-8402.
Turmeric prices declined as demand declined at higher levels and arrivals increased in Nizamabad and Erode.
Pressure also seen as no demand for shipments at current prices of around ₹9,000 and export prospects of turmeric have been affected.
Around 25,000 bags of turmeric were arrived compare to 20,000 bags in the previous season.
In Nizamabad, a major spot market in AP, the price ended at 7876.3 Rupees gained 3.55 Rupees.
Jeera
Jeera trading range for the day is 14645-14905.
Jeera settled flat as there is a possibility of a decrease in the production of cumin due to the rise in temperature.
However upside seen limited as the arrival from the fields has started intensifying
In Unjha Mandi, 21,000 bags have come in as compared to 12,500 bags in Rajkot whereas 7,500 bags have arrived as compared to 7,000 bags
In Unjha, a key spot market in Gujarat, jeera edged down by -40.6 Rupees to end at 14142.85 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 6777-7405.
Dhaniya prices dropped on profit booking amid an improvement in weather conditions, with more arrivals in mandis.
However, downside seen limited as exporters were active in the mandis of Ramganj and Kota for more purchases made for the Gulf countries.
As per estimates, the final production estimate of Coriander seed for marketing year (MY) 2020-21 is coming between 2.6-2.8 lakh metric tonne
In Kota spot market in Rajasthan the prices gained 2.1 Rupees to end at 7255.25 Rupees per 100 kg.
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