Jeera trading range for the day is 22260-23050 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 9132-10208
Turmeric dropped as new season turmeric is arriving in the market and exports are normal this season.
Pressure also seen due to tensions between Ukraine and Russia which may disrupt shipments of spices to Europe and other destinations.
Turmeric crop was damaged in Maharashtra, Nizamabad in Telangana and Kadapa in Andhra Pradesh due to rains and cyclones
In Nizamabad, a major spot market in AP, the price ended at 9161.1 Rupees dropped -41.55 Rupees.
Jeera
Jeera trading range for the day is 22260-23050.
Jeera dropped as new crop arrivals started coming with moisture content 8% to 10%
The export of cumin in April-January declined by 23% year-on-year to 1.88 lakh tonnes as compared to 2.44 lakh tonnes in the previous year
There were reports of decline in sowing area and improving domestic demand.
In Unjha, a key spot market in Gujarat, jeera edged down by -1.6 Rupees to end at 22227.8 Rupees per 100 kg
Dhaniya
Dhaniya trading range for the day is 12077-13201.
Dhaniya dropped amid profit booking due to increased arrivals from the season crop.
The export of coriander declined by 15% to 3,590 tonnes in January 2022 as compared to 4,630 tonnes in December 2021
Coriander sowing is completed and sowing area is reported down by 10 – 15% compared to last year
In Kota spot market in Rajasthan the prices dropped -174 Rupees to end at 12356 Rupees per 100 kg
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