Jeeraunjha Trading Range For The Day is 29310-31330 - Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Jeeraunjha
Observations
Jeeraunjha trading range for the day is 29310-31330
Jeera gains as demand has improved in the export and domestic market due to the Ramadan seasonahead
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 6876-7052
Dhaniya 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
Observations
TMCFGRNZM trading range for the day is 6776-7168
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
To Read Complete Report & Disclaimer Click Here
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
