Jeera trading range for the day is 13270-13750 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7322-7914.
Turmeric prices seen supported on following export demand from Europe, Gulf countries and Bangladesh.
Turmeric crops were severely damaged due to heavy rains
Further there is expectation of increase in Turmeric sowings in some areas
In Nizamabad, a major spot market in AP, the price ended at 7290 Rupees dropped -20 Rupees.
Jeera
Jeera trading range for the day is 13270-13750.
Jeera prices gained as only 45-50 percent of the total production has come to the market.
However upside seen limited due to the uncertainty of the lockdown over a possible third wave of Covid and low demand from the hotel industry.
As per preliminary estimates suggested that carryover stocks of Jeera are likely to be around of about 20-25 Lakh
In Unjha, a key spot market in Gujarat, jeera edged up by 41.65 Rupees to end at 13550 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 7193-7513.
Dhaniya prices gained as arrivals in Rajkot mandi were affected as farmers were busy with sowing'
The production of coriander has been estimated at 8,22,210 tonnes, a year-on-year increase of 17.3%.
All India Coriander mandi arrivals stood at 0.17 lakh tonnes, declined by 70% as compared to the same month of the last year.
In Kota spot market in Rajasthan the prices gained 70.85 Rupees to end at 7295.85 Rupees per 100 kg.
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