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Turmeric

* Turmeric trading range for the day is 7450-7626.

* Turmeric dropped on profit booking after prices gained as turmeric crops were severely damaged in Parbhani and Hingoli due to heavy rains.

* Support also seen on following export demand from Europe, Gulf countries and Bangladesh.

* However upside seen limited as sentiment is weak and sluggish demand from local stockists amid poor quality arrivals in the market has led to the fall in prices.

* In Nizamabad, a major spot market in AP, the price ended at 7317.85 Rupees gained 60.7 Rupees.

Jeera

* Jeera trading range for the day is 13370-13740.

* Jeera dropped on profit booking after prices gained as only 45-50 percent of the total production has come to the market.

* In recent sessions, prices dropped amid excess supply and as demand is likely to remain subdued on weak buying from local and overseas markets.

* Farmers need money to start sowing the kharif crop and they are bringing huge stocks to sell in the market after the easing of Covid-related restrictions.

* In Unjha, a key spot market in Gujarat, jeera edged up by 37.85 Rupees to end at 13690.5 Rupees per 100 kg.

Dhaniya

* Dhaniya trading range for the day is 6673-7097.

* Dhaniya dropped on profit booking after prices gained as arrivals in Rajkot mandi were affected as farmers were busy with sowing

* Buyers from the south are refraining from buying from the mandis of Rajasthan, Gujarat and Madhya Pradesh.

* The production of coriander has been estimated at 8,22,210 tonnes, a year-on-year increase of 17.3%.

* In Kota spot market in Rajasthan the prices dropped -27.4 Rupees to end at 6983.05 Rupees per 100 kg.

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