IGI Logo

Turmeric

Turmeric trading range for the day is 7680-8096.

Turmeric gained following export demand from Europe, Gulf countries and Bangladesh.

India is likely to receive above average rainfall in September.

India is on course to having a normal monsoon, which will recharge the country’s main water reservoirs just enough.

In Nizamabad, a major spot market in AP, the price ended at 7497.6 Rupees dropped -6.2 Rupees.

Jeera

Jeera trading range for the day is 14465-14825.

Jeera prices gained as the export of cumin is increasing continuously and in the coming days there are signs of increasing the export of cumin in a big way.

India's cumin exports will increase due to less supply from Afghanistan-Syrian

Export of cumin is expected to reach a record level of 2.50 to 2.75 lakh tonnes in the current year

In Unjha, a key spot market in Gujarat, jeera edged up by 52.6 Rupees to end at 14864.7 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 7991-8323.

Dhaniya dropped on profit booking after prices gained due to lack of rain and high prices in the international market and situation of scarcity

The crop of Russia-Ukraine is normal, whereas in Bulgaria, the crop of coriander has increased from last year and in Syria only 30% of the crop is there.

Due to increase in freight due to shortage of container-vessels, there is a perception that the price of coriander will increase.

In Kota spot market in Rajasthan the prices gained 120.2 Rupees to end at 8135.7 Rupees per 100 kg.

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer