Jeera trading range for the day is 14635-14955 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7410-7658.
Turmeric prices dropped amid prospects of better crop this kharif season along with tepid demand.
Pressure seen as the areas where turmeric has been sown have received adequate rainfall and are expected to produce well in the next season.
However downside seen limited following export demand from Europe, Gulf countries and Bangladesh.
In Nizamabad, a major spot market in AP, the price ended at 7250 Rupees gained 1.2 Rupees
Jeera
Jeera trading range for the day is 14635-14955.
Jeera dropped as adequate stock with traders and farmers may keep prices under pressure at higher levels.
However downside seen limited as the export of cumin is increasing continuously and in the coming days there are signs of increasing the export of cumin
India's cumin exports will increase due to less supply from Afghanistan-Syrian
In Unjha, a key spot market in Gujarat, jeera edged up by 18.75 Rupees to end at 14593.75 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 7847-8095.
Dhaniya prices dropped as monsoon progress which can support Rabi season crops.
Pressure also seen amid decrease in export and domestic demand due to poor quality of coriander in the current year.
The crop of Russia-Ukraine is normal, whereas in Bulgaria, the crop of coriander has increased from last year and in Syria only 30% of the crop is there.
In Kota spot market in Rajasthan the prices dropped -111.25 Rupees to end at 7879.4 Rupees per 100 kg.
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