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01-01-1970 12:00 AM | Source: Kedia Advisory
Dhaniya trading range for the day is 7747-7999 - Kedia Advisory
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Turmeric

Turmeric trading range for the day is 7132-7572.

Turmeric prices dropped amid prospects of better crop this kharif season along with tepid demand

Pressure seen as the areas where turmeric has been sown have received adequate rainfall and are expected to produce well in the next season

However downside seen limited following export demand from Europe, Gulf countries and Bangladesh.

In Nizamabad, a major spot market in AP, the price ended at 7212.5 Rupees dropped -6.2 Rupees.

Jeera

Jeera trading range for the day is 14190-14870.

Jeera dropped as adequate stock with traders and farmers may keep prices under pressure at higher levels.

However downside seen limited as the export of cumin is increasing continuously and in the coming days there are signs of increasing the export of cumin

India's cumin exports will increase due to less supply from Afghanistan-Syrian In Unjha, a key spot market in Gujarat, jeera edged up by 52.6 Rupees to end at 14603.35 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 7747-7999.

Dhaniya prices dropped as monsoon progress which can support Rabi season crops.

Pressure also seen amid decrease in export and domestic demand due to poor quality of coriander in the current year.

The crop of Russia-Ukraine is normal, whereas in Bulgaria, the crop of coriander has increased from last year and in Syria only 30% of the crop is there.

In Kota spot market in Rajasthan the prices gained 120.2 Rupees to end at 7795 Rupees per 100 kg.

 

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