Jeera trading range for the day is 16000-16260 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 8782-9238.
Turmeric gained on good domestic and export demand, besides fears of heavy rains having affected the new crop due next month.
The sentiment improved on reports of damage to the crop in Telangana and Andhra Pradesh.
However upside seen limited as pressure seen amid poor demand for old stocks as traders wait for the new season of turmeric.
In Nizamabad, a major spot market in AP, the price ended at 8071.15 Rupees dropped -8.5 Rupees.
Jeera
Jeera trading range for the day is 16000-16260.
Jeera dropped as better arrivals are expected in the spot market as the cumin production area in Gujarat is increasing rapidly.
Further adequate stock with traders and farmers may keeping prices under pressure at higher levels.
Cumin exports declined by 1.4% year-on-year to 1.39 lakh tonnes in April-September but are expected to improve in the coming months.
In Unjha, a key spot market in Gujarat, jeera edged down by -6.8 Rupees to end at 16075 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 8260-8684.
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.
Spices Board pegs Apr-Sep coriander exports at 24,459 tn, down 13%
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