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01-01-1970 12:00 AM | Source: Kedia Advisory
Turmeric trading range for the day is 8016-8660 - Kedia Advisory
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Turmeric

* Turmeric trading range for the day is 8016-8660.

* Turmeric gained as high domestic and export demand, coupled with fears of lower output, have fuelled prices.

* Apart from the quality of new goods being lighter, the percentage of moisture is also coming higher.

* The arrival of dry goods in the coming days, the quality will also start to improve.

* In Nizamabad, a major spot market in AP, the price ended at 7531.6 Rupees gained 3.55 Rupees.

 

Jeera

* Jeera trading range for the day is 13145-13555.

* Jeera prices gained due to high export demand and Cumin sowing in Gujarat has gone down to 4.69 lakh hectares

* Jeera production for 2021-22 is estimated at 391,291 MT compared to last year’s 451,451 MT

* The Unjha market is receiving nearly 1,000 bags per day from north Gujarat, Saurashtra, and parts of Rajasthan.

* In Unjha, a key spot market in Gujarat, jeera edged down by -40.6 Rupees to end at 13100 Rupees per 100 kg.

 

Dhaniya

* Dhaniya trading range for the day is 6573-6925.

* Dhaniya prices gained as arrivals in MP and Rajasthan has been reported damaged due to adverse weather

* Currently 15/20 percent moisture is coming in new crop.

* Yield of coriander in Rajasthan, which was considered 10/12 lakh sacks, has started getting limited to 10 lakh bags at present.

* In Kota spot market in Rajasthan the prices gained 2.1 Rupees to end at 6471.9 Rupees per 100 kg.

 

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