Dhaniya trading range for the day is 8419-8935 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7778-8310.
Turmeric gained on low level buying after prices dropped amid lower demand from domestic spice-makers and stockists amid availability of supply
As per Andhra Pradesh agricultural department, turmeric sowing activity completed around 16,921 hectares, down by 12.67% till date from last 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 7349.85 Rupees gained 49.65 Rupees.
Jeera
Jeera trading range for the day is 26380-27860.
Jeera gained amid higher demand for the fresh crop and supply tightness in the physical market.
Current year sowing area likely to increase in Rajasthan and Gujarat growing regions.
All-India Jeera production is expected to fall in the Marketing year 2022-23 by around 33% to 3 lakh tonnes on y-o-y basis due to lower sowings.
In Unjha, a key spot market in Gujarat, jeera edged up by 6.5 Rupees to end at 26447.45 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 8419-8935.
Dhaniya prices dropped as sowing started in growing regions and sowing area likely to increase this year.
In Gujarat around 5% to 10% sowing has been completed and in Rajasthan around 15-20% sowing has been completed.
Coriander imports from January to August 2022 reported higher around 20,798.18 MT, up by 346.35% from the same period last year
In Kota spot market in Rajasthan the prices dropped -300.55 Rupees to end at 8899.05 Rupees per 100 kg.
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