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Turmeric

Turmeric trading range for the day is 7168-7356.

Turmeric dropped amid lower demand from domestic spice-makers and stockists amid availability of Turmeric supply form Marathwada region.

As per Andhra Pradesh agricultural department, turmeric sowing activity completed around 16,921 hectares, down by 12.67% till date from last year.

Marathwada region has been serving as a round-the-year supply centre for Turmeric since past couple of years.

In Nizamabad, a major spot market in AP, the price ended at 7274.45 Rupees dropped -13.45 Rupees.

Jeera

Jeera trading range for the day is 24050-24740.

Jeera prices gained due to moisture conditions as a result of higher rainfall sowing may be delayed by 10 to 15 days current year.

Current year sowing area likely to increase in Rajasthan and Gujarat growing regions.

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 up by 57 Rupees to end at 24369.1 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 10617-11397.

Dhaniya dropped on profit booking as Coriander imports has increased during the current year as compared to past three years

However upside seen limited as sowing activity likely to get delayed by 10 to 15 days

Coriander imports from January to August 2022 reported higher around 20,798.18 MT, up by 346.35% from the same period last year

In Kota spot market in Rajasthan the prices gained 33.3 Rupees to end at 11262.8 Rupees per 100 kg.

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