Jeera trading range for the day is 24610-26430 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7068-7324.
Turmeric prices seen supported amid expectations of decline in sown area in the ongoing kharif sowing season.
In the ongoing season, no major quality concerns were observed in the crop arrived in the Marathwada region.
In the month of June 2022 around 18,532.00 tonnes turmeric was exported as against 17,137.15 tonnes in May 2022 showing a rise of 8.13%.
In Nizamabad, a major spot market in AP, the price ended at 7423.3 Rupees gained 0.95 Rupees.
Jeera
Jeera trading range for the day is 24610-26430.
Jeera 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 up by 340.75 Rupees to end at 24639.35 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 10903-11579.
Dhaniya gained as steady exports and lower crop estimates have supported the markets.
Current crop production in major coriander growing states of Madhya Pradesh, Rajasthan and Gujarat is estimated lower as compared to last year.
Coriander production is also likely to decline in Syria, Bulgaria, Romania, Ukraine and Russia this year.
In Kota spot market in Rajasthan the prices dropped -68.95 Rupees to end at 11380.1 Rupees per 100 kg.
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