Jeera trading range for the day is 13810-14090 - Kedia Advisory
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 7648-8252.
Turmeric gained on following export demand from Europe, Gulf countries and Bangladesh.
However upside seen limited as the curbs and lockdowns announced to control the second wave of Covid-19 pandemic affected trading.
At least 50 per cent of the crop cultivated in the Maharashtra growing regions are estimated to have arrived at the terminal agricultural markets.
In Nizamabad, a major spot market in AP, the price ended at 7556.5 Rupees dropped -21.9 Rupees.
Jeera
Jeera trading range for the day is 13810-14090.
Jeera prices dropped as lockdown restrictions increased against rising Covid cases.
As India struggles against curbing the Corona pandemic, exports markets have turned subdued.
The importers prefer to wait for the situation to normalize before negotiating for fresh deals.
In Unjha, a key spot market in Gujarat, jeera edged up by 30.25 Rupees to end at 13925 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 6768-7004.
Dhaniya dropped as mandis across Rajasthan was affected due to the rapidly growing cases of corona virus.
However, downside seen limited as sentiments are much better due to higher export demand and less stock in the pipeline
According to FISS the production of coriander from the country this year will increase by 2.3% compared to last year.
In Kota spot market in Rajasthan the prices dropped -11.45 Rupees to end at 7042.95 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
