Turmeric trading range for the day is 6336-6852 - Kedia Advisory
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TURMERIC
Turmeric trading range for the day is 6336-6852.
Turmeric prices remained supported as apart from the quality of new goods being lighter, the percentage of moisture is also coming higher.
The arrival of new goods has started in Telangana and Sangli Mandi in Maharashtra.
But apart from the quality of new goods being lighter, the percentage of moisture is also coming higher.
In Nizamabad, a major spot market in AP, the price ended at 6483.35 Rupees gained 3.55 Rupees.
JEERA
Jeera trading range for the day is 12905-13205.
Jeera prices gained as arrival quantity is less and the moisture content in it is being more.
The area under cultivation of cumin in Gujarat has come down from 4.88 lakh hectare in last year to 4.69 lakh hectare
The supply of good quality new crop is expected to increase from the third week of February and then its commercial activities will also pick up.
In Unjha, a key spot market in Gujarat, jeera edged down by -40.6 Rupees to end at 12870.6 Rupees per 100 kg.
DHANIYA
Dhaniya trading range for the day is 6141-6329.
Dhaniya prices gained as domestic and export demand improved as vaccine hits market and sentiments improved.
Pressure also seen amid 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 6000 Rupees per 100 kg.
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