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Turmeric

Turmeric trading range for the day is 7026-7450.

Turmeric dropped as sentiment is weak and sluggish demand from local stockists amid poor quality arrivals in the market has led to the fall in prices.

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

The curbs and lockdowns announced to control the second wave of Covid-19 pandemic affected trading.

In Nizamabad, a major spot market in AP, the price ended at 7330 Rupees gained 5 Rupees.

Jeera

Jeera trading range for the day is 12910-13510.

Jeera dropped amid excess supply and as demand is likely to remain subdued on weak buying from local and overseas markets.

Farmers need money to start sowing the kharif crop and they are bringing huge stocks to sell in the market after the easing of Covid-related restrictions

As India struggles against curbing the Corona pandemic, exports markets have turned subdued.

In Unjha, a key spot market in Gujarat, jeera edged down by -68.4 Rupees to end at 13600 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 6480-6840.

Dhaniya dropped due to absence of buyers in the spot markets of Rajasthan, Gujarat, Madhya Pradesh and Delhi.

Buyers from South India have not placed large orders in the mandis of Rajasthan for the last ten days.

Gujarat and Madhya Pradesh are also grappling with weaker demand than supply.

In Kota spot market in Rajasthan the prices gained 18.95 Rupees to end at 6967.75 Rupees per 100 kg.

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