04-05-2021 12:32 PM | Source: Kedia Advisory
Dhaniya trading range for the day is 6969-7237 - Kedia Advisory
News By Tags | #473 #5839

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Turmeric

Turmeric trading range for the day is 8196-8552.

Turmeric dropped 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.

Prices seen pressure as sentiments again drown down after the Central government clarified that a turmeric board would not be set up in Nizamabad

In Nizamabad, a major spot market in AP, the price ended at 7726.45 Rupees gained 131.7 Rupees.

 

Jeera

Jeera trading range for the day is 14190-14800.

Jeera dropped as mandi arrivals of Jeera, at all-India level increased by around 48% during the month over the previous month

New season crop arrivals are reported in Gujarat and Rajasthan, seems to have led to higher mandi arrivals.

However, new season crop is reported to have higher moisture level.

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 6969-7237.

Dhaniya prices dropped 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.

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 -3.55 Rupees to end at 7172.9 Rupees per 100 kg.

 

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