Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Kedia Advisory
Jeeraunjha trading range for the day is 43570-45350 - Kedia Advisory
News By Tags | #473 #5839

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

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

 

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