Turmeric trading range for the day is 7522-8390 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7522-8390
Turmeric prices seen supported on following export demand from Europe, Gulf countries and Bangladesh.
Turmeric crops were severely damaged due to heavy rains.
Further there is expectation of increase in Turmeric sowings in some areas
In Nizamabad, a major spot market in AP, the price ended at 7310 Rupees dropped -77.5 Rupees.
Jeera
Jeera trading range for the day is 13440-13800.
Jeera prices settled firm as major markets reopened after lockdown
Only 45-50 percent of the total production has come to the market.
As per preliminary estimates suggested that carryover stocks of Jeera are likely to be around of about 20-25 Lakh
In Unjha, a key spot market in Gujarat, jeera edged down by -52.75 Rupees to end at 13508.35 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 7113-7557.
Dhaniya prices gained as arrivals in Rajkot mandi were affected as farmers were busy with sowing
The production of coriander has been estimated at 8,22,210 tonnes, a year-on-year increase of 17.3%.
All India Coriander mandi arrivals stood at 0.17 lakh tonnes, declined by 70% as compared to the same month of the last year.
In Kota spot market in Rajasthan the prices dropped -63.6 Rupees to end at 7225 Rupees per 100 kg.
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