Dhaniya trading range for the day is 7230-7566 - Kedia Advisory
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Jeera
Jeera unjha trading range for the day is 31790-33540
Jeera dropped on profit booking after prices gained amid reduced sowing in Gujarat, coupled with a tight supply, and climatic uncertainties.
Projections of lower carryover stock and fears of sowing in key growing regions of Gujarat being affected.
Sowing in Gujarat, dropped by nearly -10% with 275,832.00 hectares against sown area of 2021-22 which was 307,135.00 hectares.
Jeera exports during Apr-Nov 2022 has dropped by 17.40 percent at 133,250.24 tonnes
Dhaniya
Dhaniya trading range for the day is 7230-7566
Dhaniya dropped on profit booking after prices gained on as 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
Support also seen as sowing activity likely to get delayed by 10 to 15 days
Turmeric
TMCFGRNZM trading range for the day is 6836-7412
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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