Dhaniya trading range for the day is 7809-8669 - Kedia Advisory
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TURMERIC
Turmeric trading range for the day is 7286-7566.
Turmeric prices gained following export demand from Europe, Gulf countries and Bangladesh.
However upside seen limited amid prospects of better crop this kharif season along with tepid demand.
The areas where turmeric has been sown have received adequate rainfall and are expected to produce well in the next season.
In Nizamabad, a major spot market in AP, the price ended at 7127.25 Rupees gained 102.25 Rupees.
JEERA
Jeera trading range for the day is 15230-16050.
Jeera gains as domestic festive demand is now picking up also the export inquiries to support price.
However upside seen limited as adequate stock with traders and farmers may keeping prices under pressure at higher levels.
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 61.55 Rupees to end at 15100 Rupees per 100 kg.
DHANIYA
Dhaniya trading range for the day is 7809-8669.
Dhaniya prices gained as the situation of shortage is visible in coriander in the current year.
The balance sheet is tight considering the production of 90 lakh bags of coriander and the demand of 1.25 to 1.30 crore bags
The balance sheet is tight considering the production of 90 lakh bags of coriander and the demand of 1.25 to 1.30 crore bags
In Kota spot market in Rajasthan the prices dropped -7.7 Rupees to end at 7895.85 Rupees per 100 kg.
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