IGI Logo

Turmeric

Turmeric trading range for the day is 7966-8510.

Turmeric gained as again demand is seen as an immune booster amid a resurgence in infections that has spurred curbs in some states.

Support also seen on concerns over production prospects in the new season, relatively lower carryover stocks, and better exports prospects.

The arrival so far this year has been 10.15 lakh bags as compared to 11.50 lakh bags in the same period last year

In Nizamabad, a major spot market in AP, the price ended at 7705.55 Rupees gained 108.5 Rupees.

.Jeera

Jeera trading range for the day is 13770-14290.

Jeera settled flat 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 importers prefer to wait for the situation to normalize before negotiating for fresh deals.

Dhaniya

Dhaniya trading range for the day is 6965-7165.

Dhaniya dropped as mandis across Rajasthan was affected due to the rapidly growing cases of corona virus.

cHowever, 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.

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer