Jeera trading range for the day is 20385-21785 - Kedia Advisory
Turmeric
Turmeric trading range for the day is 9242-9838.
Turmeric gained as turmeric crop was damaged in Maharashtra, Nizamabad in Telangana due to rains and cyclones.
The arrival of the new crop has started in the markets of Telangana and Maharashtra.
In the first 7 months (April-October) of the financial year 2021-22, exports declined by 23% to 89,850 tonnes over the previous year.
In Nizamabad, a major spot market in AP, the price ended at 9236.85 Rupees gained 91.85 Rupees.
Jeera
Jeera trading range for the day is 20385-21785.
Jeera gained as the area under jeera has decreased by about 30% in Rajasthan this year, to 5.39 lakh hectares (lh) from 7.7 lh last year
The area under jeera has decreased by about 30% in Rajasthan this year, to 5.39 lakh hectares (lh) from 7.7 lh last year
In Gujarat, the area has decreased to 3.40 lh from 4.70 lh last year.
In Unjha, a key spot market in Gujarat, jeera edged up by 61.55 Rupees to end at 20953.85 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 10581-11285.
Dhaniya gained on lower-than-normal acreage and fears of production shortfall due to cold wave in North India.
Coriander sowing is completed and sowing area is reported down by 10 – 15% compared to last year.
Exports during the April-December period declined by 13% to 37,500 tonnes from 43,100 tonnes last year, but 11% higher than the 5-year average.
In Kota spot market in Rajasthan the prices gained 82 Rupees to end at 10532 Rupees per 100 kg.
To Read Complete Report & Disclaimer Click Here
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
