Jeera trading range for the day is 14630-15050 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7704-8384.
Turmeric dropped as demand declined at higher levels and arrivals increased in Nizamabad and Erode.
Prices seen pressure after the Central government clarified that a turmeric board would not be set up in Nizamabad
Around 32,000 bags have arrived in Sangli Mandi against the arrival of 30,000 bags in the previous season.
In Nizamabad, a major spot market in AP, the price ended at 7577.8 Rupees dropped -28.1 Rupees.
Jeera
Jeera trading range for the day is 14630-15050.
Jeera dropped due to rise in arrivals seen in the market ahead of Holi and financial closure, as mandis will remained closed in Gujarat and Rajasthan
The supply of cumin in the current year will be good for the entire year due to carry forward 17 to 20 lakh bags
In the Merta Mandi of Rajasthan, there was an arrival of 20 thousand sacks in a single day as arrival is accelerated due to heat.
In Unjha, a key spot market in Gujarat, jeera edged up by 75.45 Rupees to end at 14316.65 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 6796-7168.
Dhaniya prices dropped on profit booking amid an improvement in weather conditions, with more arrivals in mandis.
However, downside seen limited as exporters were active in the mandis of Ramganj and Kota for more purchases made for the Gulf countries.
As per estimates, the final production estimate of Coriander seed for marketing year (MY) 2020-21 is coming between 2.6-2.8 lakh metric tonne
In Kota spot market in Rajasthan the prices dropped -65.15 Rupees to end at 7060.7 Rupees per 100 kg.
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