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TURMERIC

Turmeric trading range for the day is 6290-6650.

Turmeric prices gained as one of the 5 important producing states of turmeric- Maharashtra is expected to decline production due to inclement weather

In the top producing states the arrival of new goods of turmeric was delayed by 15-20 days

With the Telangana producer demanding a MSP from the government Rs 15,000 per quintal, has also gone on strike in January.

In Nizamabad, a major spot market in AP, the price ended at 6100 Rupees gained 3.55 Rupees.

JEERA

Jeera trading range for the day is 13305-13815.

Jeera prices gained after update there has been a reduction of 15 to 20% in cumin seeds in Gujarat and Rajasthan.

Consumption of cumin has increased in the current year and export demand is also large and cumin is unlikely to slow down from the current price

Currently, Syrian cumin is priced at $ 2900 to 3000 per ton in the international market, Afghanistan cumin is being priced at $ 2300 to 2350 per ton.

In Unjha, a key spot market in Gujarat, jeera edged down by -40.6 Rupees to end at 13058.8 Rupees per 100 kg.

DHANIYA

Dhaniya trading range for the day is 6108-6512.

Dhaniya gained as demand from domestic and export demand improved as vaccine hits market and sentiments improved on market opening.

However upside seen limited on rising freight rates that can impact export

Indian exports inquires gained in past 1 week period while no concerns are there on exports

In Kota spot market in Rajasthan the prices gained 2.1 Rupees to end at 5946.65 Rupees per 100 kg.

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