Dhaniya trading range for the day is 6987-7135 - Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Turmeric
Turmeric trading range for the day is 8100-8300.
Turmeric prices recovered following export demand from Europe, Gulf countries and Bangladesh.
Prices had dropped over the last few weeks as the curbs and lockdowns announced to control the second wave of Covid-19 pandemic affected trading
At least 50 per cent of the crop cultivated in the Maharashtra growing regions are estimated to have arrived at the terminal agricultural markets.
In Nizamabad, a major spot market in AP, the price ended at 7722.6 Rupees dropped -2.4 Rupees.
.Jeera
Jeera trading range for the day is 13515-14055.
Jeera 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 importers prefer to wait for the situation to normalize before negotiating for fresh deals.
In Unjha, a key spot market in Gujarat, jeera edged down by -83.35 Rupees to end at 14016.65 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 6987-7135.
Dhaniya 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 gained 129.8 Rupees to end at 7163.15 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
