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Turmeric

Turmeric trading range for the day is 6726-7126.

Turmeric gained on some low level buying after pressure seen as sowing activities has almost completed and Crop size is expected to be on par.

In the ongoing season, no major quality concerns were observed in the crop arrived in the Marathwada region.

In the month of July 2022 around 12,810.36 tonnes turmeric was exported as against 18,532.00 tonnes in June 2022 showing a drop of 30.87%.

In Nizamabad, a major spot market in AP, the price ended at 7103.55 Rupees gained 26.55 Rupees.

Jeera

Jeera trading range for the day is 23200-25090.

Jeera dropped on profit booking after prices rose as supply was observed to be less as farmers and stockists were holding stocks

Mandi arrivals of Jeera, at all-India level decreased by 10% as compared with previous month

All-India Jeera production is expected to fall in the Marketing year 2022-23 by around 33% to 3 lakh tonnes on y-o-y basis due to lower sowings.

In Unjha, a key spot market in Gujarat, jeera edged down by -127.85 Rupees to end at 24330.65 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 10645-10961.

Dhaniya dropped on profit booking amid slowdown in demand as the processors and traders are buying as per their requirements.

Imports from Russia, Syria and other global counties has picked up that will keep supply adequate.

Stockiest are releasing their stocks in fear of further fall in prices in wake of ease in supply from black sea.

In Kota spot market in Rajasthan the prices dropped -115.65 Rupees to end at 11002.05 Rupees per 100 kg.

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