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Turmeric

Turmeric trading range for the day is 7756-7948.

Turmeric prices gained as support seen after preliminary data showed turmeric exports gained by 5%

Prices also seen supported on export orders to Bangladesh, besides domestic demand and projections of lower production.

Prices have increased in view of the closure of physical markets in Andhra Pradesh, Telangana and Maharashtra for nearly two weeks.

In Nizamabad, a major spot market in AP, the price ended at 7600 Rupees dropped -73.55 Rupees.

Jeera

Jeera trading range for the day is 13960-14150.

Jeera prices gained on short covering tracking gains in other agri commodities after prices seen pressure as there is pressure on the supply of new crops

In Gujarat and Rajasthan mandis, the arrival of cumin has increased by 65.28% during the current marketing year

Preliminary data showed for March 2021 showed jeera exports gained by 92% on year on year basis to 37,326 tons

In Unjha, a key spot market in Gujarat, jeera edged down by -21.9 Rupees to end at 14054.55 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 6731-6919.

Dhaniya prices gained as sentiments are much better due to higher export demand and less stock in the pipeline

However, upside seen limited as mandis across Rajasthan was affected due to the rapidly growing cases of corona virus.

According to FISS the production of coriander from the country this year will increase by 2.3% compared to last year.

In Kota spot market in Rajasthan the prices dropped -1.15 Rupees to end at 6921.6 Rupees per 100 kg.

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