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Turmeric

* Turmeric trading range for the day is 7046-7558.

* Turmeric dropped on profit booking after prices seen supported amid expectations of decline in sown area in the ongoing kharif sowing season.

* In the ongoing season, no major quality concerns were observed in the crop arrived in the Marathwada region.

* Turmeric exports during Apr-May 2022 has rose by 14.94 percent at 30,899.73 as compared to 26,881.41 exported during Apr-May 2021.

* In Nizamabad, a major spot market in AP, the price ended at 7635.35 Rupees dropped -86.1 Rupees.

Jeera

* Jeera trading range for the day is 23570-24650.

* Jeera prices seen supported as supply was observed to be less as farmers and stockists were holding stocks

* Mandi arrivals of Jeera, at all-India level decreased by 10% as compared with previous month

* All-India Jeera production is expected to fall in the Marketing year 2022-23 by around 33% to 3 lakh tonnes on y-o-y basis due to lower sowings.

* In Unjha, a key spot market in Gujarat, jeera edged down by -253 Rupees to end at 23715.05 Rupees per 100 kg.

Dhaniya

* Dhaniya trading range for the day is 11157-11549.

* Dhaniya dropped on profit booking amid slowdown in demand as the processors and traders are buying as per their requirements.

* Current crop production in major coriander growing states of Madhya Pradesh, Rajasthan and Gujarat is estimated lower as compared to last year.

* Coriander production is also likely to decline in Syria, Bulgaria, Romania, Ukraine and Russia this year.

* In Kota spot market in Rajasthan the prices dropped -220.05 Rupees to end at 11661.3 Rupees per 100 kg.

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