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Turmeric

Turmeric trading range for the day is 7942-8274.

Turmeric gained on low level buying after prices dropped amid lower demand from domestic spice-makers and stockists amid availability of supply

As per Andhra Pradesh agricultural department, turmeric sowing activity completed around 16,921 hectares, down by 12.67% till date from last year.

Marathwada region has been serving as a round-the-year supply centre for Turmeric since past couple of years.

In Nizamabad, a major spot market in AP, the price ended at 7301.8 Rupees dropped -48.05 Rupees.

Jeera

Jeera trading range for the day is 26880-28160.

Jeera gained amid higher demand for the fresh crop and supply tightness in the physical market.

Current year sowing area likely to increase in Rajasthan and Gujarat growing regions.

All-India Jeera production is expected to fall in the Marketing year 2022-23 by around 33% to 3 lakh tonnes on y-o-y basis due to lower sowings.

In Unjha, a key spot market in Gujarat, jeera edged up by 131.05 Rupees to end at 26578.5 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 8422-8782.

Dhaniya prices dropped as sowing started in growing regions and sowing area likely to increase this year.

In Gujarat around 5% to 10% sowing has been completed and in Rajasthan around 15-20% sowing has been completed.

Coriander imports from January to August 2022 reported higher around 20,798.18 MT, up by 346.35% from the same period last year

In Kota spot market in Rajasthan the prices dropped -130.9 Rupees to end at 8768.15 Rupees per 100 kg.

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