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01-01-1970 12:00 AM | Source: Kedia Advisory
Turmeric trading range for the day is 7420-7764 - Kedia Advisory
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Turmeric

Turmeric trading range for the day is 7420-7764.

Turmeric 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 7403.8 Rupees gained 83.65 Rupees

Jeera

Jeera trading range for the day is 24480-25180.

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

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 -127.8 Rupees to end at 24457.25 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 10038-10682.

Dhaniya prices gained as the pace of sowing may get affected as in some parts of Rajasthan rains has be witnessed due to western disturbances.

Support also seen 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 169.95 Rupees to end at 10648.2 Rupees per 100 kg.

 

 

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