Powered by: Motilal Oswal
12-09-2022 11:17 AM | Source: Kedia Advisory
Dhaniya trading range for the day is 8951-9547 - Kedia Advisory
News By Tags | #473 #5839

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 7634-8178.

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 7314.65 Rupees dropped -62.6 Rupees.

 

Jeera

Jeera trading range for the day is 25755-26595.

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 81.55 Rupees to end at 24917.5 Rupees per 100 kg.

 

Dhaniya

Dhaniya trading range for the day is 8951-9547.

Dhaniya gained on low llel buying after 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 -133.85 Rupees to end at 9897.45 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 Disclaime