Dhaniya trading range for the day is 7094-7530 - Kedia Advisory
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Jeera
Observations
Jeeraunjha trading range for the day is 29640-31850
Jeera prices dropped as Jeera production has been projected at 4.14 lt in the current season.
Global production will be higher at 4.35 lt against 4.08 lt.
But net supplies from India are projected 7 per cent lower.
Jeera exports during Apr-Nov 2022 has dropped by 17.40 percent at 133,250.24 tonnes
Dhaniya
Observations
Dhaniya trading range for the day is 7094-7530
Dhaniya gained due to continuous rain in major growing regions (MP and Rajasthan)
Dhaniya imports during Apr-Nov 2022 has rose by 252.50 percent at 26,654.26 tonnes as compared to Apr-Nov 2021
Dhaniya exports during Apr-Nov 2022 has dropped by 14.66 percent at 28,105.19 tonnes as compared to Apr-Nov 2021
Carry over stocks of old coriander is around 5-6 lakh bags is estimated to remain
Turmeric
Observations
TMCFGRNZM trading range for the day is 6760-7032
Turmeric dropped in view of inferior quality of arrivals and fears of a higher crop.
Prices are also lower as inventories with users and stockists are high.
The crop is good this season despite some projection of a lower crop.
Turmeric exports during Apr-Nov 2022 has rose by 9.90 percent at 1,11,968.51 tonnes as compared to last year
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