Jeera trading range for the day is 14350-15990 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7888-8488.
Turmeric rose as support seen on following export demand from Europe, Gulf countries and Bangladesh.
Turmeric crops were severely damaged in Parbhani and Hingole due to heavy rains.
However upside seen limited as the lockdown restrictions were eased reported noticeable increase in mandi arrivals.
In Nizamabad, a major spot market in AP, the price ended at 7592.5 Rupees gained 42.5 Rupees.
Jeera
Jeera trading range for the day is 14350-15990.
Jeera prices rose as a geo-political crisis in the Afghanistan could turn the heat as supply of spices has been halted suddenly.
Only 45-50 percent of the total production has come to the market.
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 321.05 Rupees to end at 14584.2 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 7886-8706.
Dhaniya gained on short covering on renewed demand after unlockdown in many states.
Still steady arrivals in the domestic market with APMC mandis being open only twice or may be thrice in a week amid Covid norms.
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 273.55 Rupees to end at 7928.55 Rupees per 100 kg.
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