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Jeera

Jeera trading range for the day is 57760-61000.

Jeera dropped on profit booking after prices gained as supply is limited due to the rainy environment.

However, upside seen limited in wake of improved global supply condition.

Cheaper availability of Syria and jeera in global market will lead to fall in export demand from India in coming days.

In Unjha, a major spot market, the price ended at 60487.25 Rupees dropped by -0.11 percent.

SELL JEERA SEP @ 59700 SL 60200 TGT 59200-58800. NCDEX

Dhaniya

Observations

Dhaniya trading range for the day is 7218-7574.

Dhaniya gained on low level buying after prices dropped due to subdued buying and adequate stocks will millers

The lower price levels and higher stocks have significantly boosted coriander exports in May 2023.

India's increased coriander production has led to a decline in the country's imports from other coriander-producing nations.

In Gondal, a major spot market, the price ended at 7485.65 Rupees gained by 0.01 percent.

BUY DHANIYA SEP @ 7300 SL 7200 TGT 7400-74500. NCDEX

Turmeric

Observations

Turmeric trading range for the day is 15360-17040.

Turmeric dropped on profit booking after prices gained amid limited availability of quality produce in the market.

Sowing activities almost completed in Maharashtra and likely to pick up in Andhra Pradesh and Tamil Nadu

In Jun 2023 around 18,356.57 tonnes was exported as against 19827.86 tonnes in May 2023 showing a drop of 7.42%.

In Nizamabad, a major spot market, the price ended at 14276.45 Rupees gained by 1 percent.

SELL TURMERIC OCT @ 16250 SL 16450 TGT 16000-15800. NCDEX

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