Dhaniya trading range for the day is 8183-8575 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7328-7532.
Turmeric dropped amid poor demand for old stocks as traders wait for the new season of turmeric.
However, less area in Telangana and unseasonal rains limited the decline in turmeric production.
Turmeric exports in the first 5 months (April-August) of FY 2021-22 declined by 25% to 64,600 tonnes as compared to the same period last year.
In Nizamabad, a major spot market in AP, the price ended at 7142.5 Rupees gained 15.25 Rupees.
Jeera
Jeera trading range for the day is 15485-16455.
Jeera gains as domestic emand 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 331.25 Rupees to end at 15431.25 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 8183-8575.
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 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 73.35 Rupees to end at 8090 Rupees per 100 kg.
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