Jeera trading range for the day is 13975-14315 - Kedia Advisory
Turmeric
Turmeric trading range for the day is 7930-8386.
Turmeric dropped on profit booking as pressure seen after prices dropped across various APMC yards mainly on account of slack demand.
Turmeric prices are down as there is no demand because traders fear a fresh lockdown could result in stockists’ purchases dropping.
Arrivals are good but there is no demand particularly from stockists.
In Nizamabad, a major spot market in AP, the price ended at 7673.55 Rupees dropped -21.45 Rupees.
Jeera
Jeera trading range for the day is 13975-14315.
Jeera dropped as prices remained under pressure as there is pressure on the supply of new crops
In Gujarat and Rajasthan mandis, the arrival of cumin has increased by 65.28% during the current marketing year
Preliminary data showed for March 2021 showed jeera exports gained by 92% on year on year basis to 37,326 tons
In Unjha, a key spot market in Gujarat, jeera edged down by -21.9 Rupees to end at 14054.55 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 6615-6995.
Dhaniya dropped as the arrival of coriander has increased 107.09 per cent from February to 31 March 2021.
However, 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 -67.15 Rupees to end at 7151.25 Rupees per 100 kg.
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