Turmeric trading range for the day is 7200-7836 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7200-7836
Turmeric dropped amid lower demand from domestic spice-makers and stockists amid availability of Turmeric supply form Marathwada region.
Turmeric dropped 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 Nizamabad, a major spot market in AP, the price ended at 7221.15 Rupees dropped -15.3 Rupees.
Jeera
Jeera trading range for the day is 23595-24545.
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 -170.9 Rupees to end at 23950.3 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 10900-11660
Dhaniya dropped amid increased arrivals and imports are likely to keep prices under pressure.
Coriander imports has increased during the current year as compared to past three years
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 dropped -82.9 Rupees to end at 11426.05 Rupees per 100 kg.
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