Jeeraunjha trading range for the day is 43570-45350 - Kedia Advisory
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Jeera
Observations
Jeeraunjha trading range for the day is 43570-45350
Jeera gains due to good export demand and expectations of lower stocks
Prices rose on crop worries grow due to unseasonal rains and hailstorms in Rajasthan.
The market is expecting a lower yield and quality of jeera this season
In March 2023 around 19,456.02 tonnes of jeera was exported showing a rise of 58.88% from February 2023
Dhaniya
Observations
Dhaniya trading range for the day is 6082-6738
Dhaniya dropped due to increased arrivals pressure at major trading centers.
Supplies are improving in Rajasthan, as Rajasthan is likely to witness bumper production in current year.
Carry over stocks of old coriander is around 5-6 lakh bags is estimated to remain
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 7720-8464
Turmeric gains as there were report of some fall in crop yields due to rain.
Support also seen as the untimely rains that occurred in various places in the Andhra Pradesh damagedturmeric crops.
Maharashtra, Andhra Pradesh, and Telangana, farmers are awaiting rainfall before starting field preparationand sowing.
In March 2023 around 18,810.47 tonnes of turmeric was exported showing a rise of 27.04% from February 2023
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