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Turmeric

Turmeric trading range for the day is 7538-8094.

Turmeric gained on low level buying after prices dropped on an “unexpected” slump in domestic and export demand.

Turmeric production in the 2021-22 crop year (June-July) has been projected at 13.31 lakh tonnes against 11.24 lakh tonnes the previous 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 7335.15 Rupees dropped -23.15 Rupees.

Jeera

Jeera trading range for the day is 33935-36355.

Jeera prices rose above 34000 level amid reduced sowing in Gujarat, coupled with a tight supply, and climatic uncertainties.

Projections of lower carryover stock and fears of sowing in key growing regions of Gujarat being affected.

Sowing in Gujarat, dropped by nearly -8% with 274,995.00 hectares against sown area of 2021 which was 300,401.00 hectares.

In Unjha, a key spot market in Gujarat, jeera edged up by 269.35 Rupees to end at 33382.6 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 8421-9117. 

Dhaniya gained on low level buying after seen pressured as in Gujarat sowing gained by 74% to 221,836.00 hectares

Coriander imports has increased during the current year as compared to past three years

Dhaniya exports during Apr- Oct 2022 has dropped by 14.09 percent at 24,790.62 tonnes as compared to Apr- Oct 2021.

In Kota spot market in Rajasthan the prices gained 0.25 Rupees to end at 8334.7 Rupees per 100 kg.

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