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Jeera

Observations

Jeera unjha trading range for the day is 29740-30840

Jeera prices dropped as harvesting have started in the Cumin growing regions and it is in process which may get complete by the end of this month

Global production will be higher at 4.35 lt against 4.08 lt.

But net supplies from India are projected 7 per cent lower.

Jeera exports during Apr-Dec 2022 has dropped by 15.91 percent at 146,065.90 tonnes

Dhaniya

Observations

Dhaniya trading range for the day is 6812-7152

Dhaniya gained on short covering after prices seen pressure as harvesting has started and hence arrivals started with 15%-30% moisture

Dhaniya imports during Apr-Dec 2022 has rose by 174.92 percent at 27,984.46 tonnes

Dhaniya exports during Apr-Dec 2022 has dropped by 13.65 percent at 32,438.10 tonnes

Carry over stocks of old coriander is around 5-6 lakh bags is estimated to remain

Turmeric

Observation

TMCFGRNZM trading range for the day is 6824-7028

Turmeric prices dropped as turmeric harvesting has started in the key growing regions

Pressure also seen as farmers and stockists are releasing their stocks, in the fear of further decline in prices

The crop is good this season despite some projection of a lower crop.

Turmeric exports during Apr-Dec 2022 has rose by 6.81 percent at 1,24,008.08 tonnes

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