IGI Logo

Turmeric

Turmeric trading range for the day is 7174-7474.

Turmeric dropped amid prospects of better crop this kharif season along with tepid demand.

However downside seen limited following export demand from Europe, Gulf countries and Bangladesh.

The areas where turmeric has been sown have received adequate rainfall and are expected to produce well.

In Nizamabad, a major spot market in AP, the price ended at 7141.35 Rupees gained 124.7 Rupees.

Jeera

Jeera trading range for the day is 14485-14775.

Jeera settled down as adequate stock with traders and farmers may keeping prices under pressure at higher levels.

However downside seen limited as the export of cumin is increasing continuously and in the coming days there are signs of increasing the export of cumin

India's cumin exports will increase due to less supply from Afghanistan-Syrian

In Unjha, a key spot market in Gujarat, jeera edged up by 13.35 Rupees to end at 14400 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 7841-8197.

Dhaniya prices dropped as monsoon progress which can support Rabi season crops.

Pressure also seen amid decrease in export and domestic demand due to poor quality of coriander in the current year.

The crop of Russia-Ukraine is normal, whereas in Bulgaria, the crop of coriander has increased from last year and in Syria only 30% of the crop is there.

In Kota spot market in Rajasthan the prices gained 43.75 Rupees to end at 7909.4 Rupees per 100 kg.

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer