Turmeric trading range for the day is 7892-8152 - Kedia Advisory
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Turmeric
Turmeric trading range for the day is 7892-8152.
Turmeric gained recovering from lows as again demand is seen as an immune booster amid a resurgence in infections
The arrival so far this year has been 10.15 lakh bags as compared to 11.50 lakh bags in the same period last year
In Nanded in Maharashtra, arrivals are at least 40 per cent lower.
In Nizamabad, a major spot market in AP, the price ended at 7680 Rupees dropped -20 Rupees.
Jeera
Jeera trading range for the day is 14080-14560.
Jeera dropped as pressure seen as mandi arrivals of Jeera, at all-India level increased by around 48% during the month
New season crop arrivals are reported in Gujarat and Rajasthan, seems to have led to higher mandi arrivals.
However, new season crop is reported to have higher moisture level.
In Unjha, a key spot market in Gujarat, jeera edged down by -115.55 Rupees to end at 14195 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 7103-7311.
Dhaniya prices dropped as rising Covid cases and fear of lockdown hurting prices.
However upside seen limited amid an improvement in weather conditions, with more arrivals in mandis.
Fresh restriction in Maharashtra has impacted coriander supply which has ultimately supported the price of coriander.
In Kota spot market in Rajasthan the prices dropped -89.55 Rupees to end at 7290 Rupees per 100 kg.
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