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01-01-1970 12:00 AM | Source: Kedia Advisory
Jeeraunjha trading range for the day is 33800-36240 - Kedia Advisory
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Jeera

Jeeraunjha trading range for the day is 33800-36240

Jeera dropped on profit booking after prices rose as unfavorable weather conditions affecting supply

Support also seen amid a stock deficit, lesser output, and increased export demand for jeera

Cumin demand is predicted to exceed 85 lakh bags this year, with a likely supply of 65 lakh bags.

Jeera exports during Apr-Jan 2023, dropped by 17.85 percent at 1,54,782.65 tonnes

 

 

Dhaniya

Dhaniya trading range for the day is 6524-7172

Dhaniya dropped on profit booking after prices rose as recent rainfall caused damage to crops.

The damage percentage for Coriander in Rajasthan is estimated to be 8%, while in MP it is 3%.

It is expected that the arrival of new crops in the mandis will be delayed.

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

 

 

Turmeric

TMCFGRNZM trading range for the day is 6706-7086 Turmeric dropped as

turmeric harvesting has started and farmers and stockists are releasing their stocks.

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-Jan 2023, rose by 7.76 percent at 1,36,492.59 tonnes

 

 

 

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