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11-01-2021 03:40 PM | Source: Kedia Advisory
Dhaniya trading range for the day is 7961-8197 - Kedia Advisory
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Turmeric

Turmeric trading range for the day is 6986-7582.

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

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

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 7129.15 Rupees dropped -23.05 Rupees.

 

Jeera

Jeera trading range for the day is 14750-15260.

Jeera dropped as adequate stock with traders and farmers may keeping 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 down by -13.35 Rupees to end at 14700 Rupees per 100 kg.

 

Dhaniya

Dhaniya trading range for the day is 7961-8197.

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 dropped -40 Rupees to end at 7980 Rupees per 100 kg.

 

 

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