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Jeera

*Jeeraunjha trading range for the day is 38770-40270

*Jeera prices hit a 6% upper circuit to trade at an all-time high of Rs. 39765 level.

*The market is expecting a lower yield and quality of jeera this season, which has boosted the demand from domestic and export buyers.

*Cumin demand is predicted to exceed 85 lakh bags this year, with a likely supply of 65 lakh bags.

*Jeera exports during Apr-Jan 2023, dropped by 17.85 percent at 1,54,782.65 tonnes

Dhaniya

*Dhaniya trading range for the day is 6650-7106

*Dhaniya dropped on profit booking after prices rose as recent rainfall caused damage to crops.

*The damage percentage for Coriander in Rajasthan is estimated to be 8%, while in MP it is 3%.

*It is expected that the arrival of new crops in the mandis will be delayed.

*Carry over stocks of old coriander is around 5-6 lakh bags is estimated to remain

Turmeric

*TMCFGRNZM trading range for the day is 6650-7214

*Turmeric dropped as turmeric harvesting has started in the key growing regions and farmers and stockists are releasing their stocks

*Farmers and stockists are releasing their stocks, in the fear of further decline in prices

*The crop is good this season despite some projection of a lower crop.

*Turmeric exports during Apr-Jan 2023, rose by 7.76 percent at 1,36,492.59 tonnes

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