Dhaniya trading range for the day is 7049-7309 - Kedia Advisory
Turmeric
Turmeric trading range for the day is 7580-8620.
Turmeric prices dropped as arrivals in the country rose 91 percent in the first quarter of 2021.
Pressure also seen as demand declined at higher levels and arrivals increased in Nizamabad and Erode.
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 7752.8 Rupees gained 72.8 Rupees.
Jeera
Jeera trading range for the day is 13950-14340.
Jeera prices dropped as there is pressure on the supply of new crops in the spot markets and demand will be affected due to the lockdown
Pressure seen after update in Gujarat and Rajasthan mandis, the arrival of cumin has increased by 65.28% during the current marketing year
Preliminary data showed for March 2021 showed jeera exports gained by 92% on year on year basis to 37,326 tons
In Unjha, a key spot market in Gujarat, jeera edged down by -21.9 Rupees to end at 14054.55 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 7049-7309.
Dhaniya prices dropped as the arrival of coriander has increased 107.09 per cent from February to 31 March 2021.
During the current marketing year (February-January) 2021-22 in the mandis of Gujarat, Rajasthan and Madhya Pradesh.
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 -50 Rupees to end at 7180 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
Top News
Japanese PM`s adviser calls on Finance Minister Nirmala Sitharaman, discusses women`s empowe...
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...