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Turmeric

Turmeric trading range for the day is 7534-7858.

Turmeric dropped on profit booking amid reports of sufficient stocks and good sowing progress in south India is pressurizing the prices.

However, downside seen limited as arrivals of New season turmeric are diminishing and exports demand is improving as season progresses.

In the month of April 2022 around 13,762.59 tonnes turmeric was exported as against 15,751.54 in March 2022 showing a decline of 13%.

In Nizamabad, a major spot market in AP, the price ended at 8029.85 Rupees gained 2.85 Rupees.

Jeera

Jeera trading range for the day is 22715-23915.

Jeera prices gained as in Gujarat and Rajasthan markets arrivals have remained low.

Syria's crop is reported to have come absolutely negligible in the event of drought.

Iran's cumin crop has been cut short and the crop there has been over within a few days of arrival.

In Unjha, a key spot market in Gujarat, jeera edged up by 512.85 Rupees to end at 23010.45 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 11826-12462.

Dhaniya gained as steady exports and lower crop estimates have supported the markets.

Current crop production in major coriander growing states of Madhya Pradesh, Rajasthan and Gujarat is estimated lower as compared to last year.

Coriander production is also likely to decline in Syria, Bulgaria, Romania, Ukraine and Russia this year.

In Kota spot market in Rajasthan the prices gained 61.6 Rupees to end at 12273.7 Rupees per 100 kg.

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