Jeera trading range for the day is 12945-13255 - Kedia Advisory
TURMERIC
Turmeric trading range for the day is 6490-7146.
Turmeric prices gained as high domestic and export demand, coupled with fears of lower output, have fuelled prices
The arrival of new goods has started in Telangana and Sangli Mandi in Maharashtra.
But apart from the quality of new goods being lighter, the percentage of moisture is also coming higher.
In Nizamabad, a major spot market in AP, the price ended at 6583.35 Rupees gained 3.55 Rupees.
JEERA
Jeera trading range for the day is 12945-13255.
Jeera dropped as the season progresses in Gujarat, the increase in Rabi sowing continues.
The area under cultivation of cumin in Gujarat has come down from 4.88 lakh hectare in last year to 4.69 lakh hectare
The supply of good quality new crop is expected to increase from the third week of February and then its commercial activities will also pick up.
In Unjha, a key spot market in Gujarat, jeera edged down by -40.6 Rupees to end at 12911.75 Rupees per 100 kg.
DHANIYA
Dhaniya trading range for the day is 6213-6353.
Dhaniya prices gained as domestic and export demand improved as vaccine hits market and sentiments improved.
Pressure also seen amid rising freight rates that can impact export
Indian exports inquires gained in past 1 week period while no concerns are there on exports
In Kota spot market in Rajasthan the prices gained 2.1 Rupees to end at 6000 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 Disclaimer