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Turmeric

Turmeric trading range for the day is 8362-8754.

Turmeric prices gained on export orders to Bangladesh and Gulf countries, besides domestic demand and short-covering.

Prices gained amid lower production, ‘average’ quality.

Prices have increased in view of the closure of physical markets in Andhra Pradesh, Telangana and Maharashtra for nearly two weeks.

In Nizamabad, a major spot market in AP, the price ended at 7726.45 Rupees dropped -28.1 Rupees.

Jeera

Jeera trading range for the day is 14605-14985.

Jeera settled flat due to lower production and yields in Rajasthan and Gujarat coupled with strong export prospects.

FISS in its crop projection for 2020-21, has estimated a 10.6 per cent drop in cumin seed output at 4.79 lakh tonnes

The yield is likely to be poor due to climatic adversities in the growing regions.

In Unjha, a key spot market in Gujarat, jeera edged up by 75.45 Rupees to end at 14316.65 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 6949-7337.

Dhaniya gained as exporters were active in the mandis of Ramganj and Kota for more purchases made for the Gulf countries.

However upside seen limited amid an improvement in weather conditions, with more arrivals in mandis.

Fresh restriction in Maharashtra has impacted coriander supply which has ultimately supported the price of coriander.

In Kota spot market in Rajasthan the prices dropped -65.15 Rupees to end at 7183.35 Rupees per 100 kg.

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