Jeera trading range for the day is 24220-25220 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7364-7608.
Turmeric dropped on profit booking after prices gained in last some sessions as unseasonal rains in some parts of the country have affected the crops.
As per Andhra Pradesh agricultural department, turmeric sowing activity completed around 16,921 hectares, down by 12.67% till date from last year.
Marathwada region has been serving as a round-the-year supply centre for Turmeric since past couple of years.
In Nizamabad, a major spot market in AP, the price ended at 7467.9 Rupees dropped -28.55 Rupees.
Jeera
Jeera trading range for the day is 24220-25220.
Jeera gained due to moisture conditions as a result of higher rainfall sowing delayed by 10 to 15 days current year.
Current year sowing area likely to increase in Rajasthan and Gujarat growing regions.
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 up by 281.25 Rupees to end at 24516.1 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 10045-10617.
Dhaniya dropped on profit booking after prices gained as the pace of sowing get affected
Coriander imports from January to August 2022 reported higher around 20,798.18 MT, up by 346.35% from the same period last year
Coriander imports has increased during the current year as compared to past three years
In Kota spot market in Rajasthan the prices dropped -255.8 Rupees to end at 10389.05 Rupees per 100 kg.
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