Dhaniya trading range for the day is 7821-8449 - Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Turmeric
Turmeric trading range for the day is 7724-8116.
Turmeric prices dropped on an “unexpected” slump in domestic and export demand.
Turmeric production in 2023 has been projected at 5.13 Lakh Mt against 4.67 Lakh Mt the previous year
Marathwada region has been serving as a round-the-year supply centre for Turmeric since past couple of years.
In Nizamabad, a major spot market in AP, the price ended at 7421.25 Rupees gained 29.65 Rupees.
Jeera
Jeera trading range for the day is 30960-34730.
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 275,830.00 hectares against sown area of 2021 which was 307,135.00 hectares.
In Unjha, a key spot market in Gujarat, jeera edged down by -966.3 Rupees to end at 33137.5 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 7821-8449.
Dhaniya dropped as acreage in Gujarat has risen to 2,22,792 ha, up 77% on year
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
In Kota spot market in Rajasthan the prices dropped -215.95 Rupees to end at 7702.4 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
