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Turmeric

Turmeric trading range for the day is 7402-7594.

Turmeric dropped on profit booking after prices gained in last some sessions as unseasonal rains in some parts of the country have affected the crops.

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 7320.15 Rupees dropped -23.25 Rupees.

Jeera

Jeera trading range for the day is 24245-25405.

Jeera dropped amid reports sowing started in some parts of Rajasthan as moisture conditions is less and completed around 5% to 10%

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 down by -151.05 Rupees to end at 24585.05 Rupees per 100 kg

Dhaniya

Dhaniya trading range for the day is 9795-10691.

Friday, November 11, 2022www.kediaadvisory.comPage No. 4

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

However downside 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 dropped -455.35 Rupees to end at 10478.25 Rupees per 100 kg.

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