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Turmeric

Turmeric trading range for the day is 7176-7408

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

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

In the month of July 2022 around 12,810.36 tonnes turmeric was exported as against 18,532.00 tonnes in June 2022 showing a drop of 30.87%

In Nizamabad, a major spot market in AP, the price ended at 7125.45 Rupees gained 22.75 Rupees.

Jeera

Jeera trading range for the day is 24040-24570.

Jeera dropped on profit booking after prices seen supported as supply was 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 -138.85 Rupees to end at 24138.05 Rupees per 100 kg

Dhaniya

Dhaniya trading range for the day is 10916-12004

Dhaniya dropped on profit booking after prices seen supported as steady exports and lower crop estimates have supported the markets.

Imports from Russia, Syria and other global counties has picked up that will keep supply adequate.

Stockiest are releasing their stocks in fear of further fall in prices in wake of ease in supply from black sea

In Kota spot market in Rajasthan the prices dropped -237.95 Rupees to end at 11480.7 Rupees per 100 kg.

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