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Turmeric

Turmeric trading range for the day is 8092-8340.

Turmeric prices seen supported as the arrivals of New season turmeric are diminishing and exports demand is improving.

Traders and exporters are expecting the prices to remain stable as Maharashtra and Andhra Pradesh turmeric arrivals have also increased.

Turmeric harvesting in Indonesia is likely to start during June – July 2022 and crop is reported to be normal.

In Nizamabad, a major spot market in AP, the price ended at 8259.55 Rupees gained 55.85 Rupees.

Jeera

Jeera trading range for the day is 20960-21680.

Jeera dropped as Cumin exports dropped by 60.58% in March 2022 as compared to March 2021

However downside sen limited because of lower production of the spice in the country, partly because many farmers shifted to more lucrative commodities

Currently, steady demand can be seen from Bangladesh and other Islamic countries. And due to Bakri-Eid in July further increase in demand is expected.

In Unjha, a key spot market in Gujarat, jeera edged down by -42.6 Rupees to end at 21344.3 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 11264-11676.

Dhaniya prices dropped as coriander exports dropped by 34.78% in March 2022 to around 3076.23 tonnes as against 4717.10 tonnes in March 2021.

17 to 18 lakh sacks of coriander are yet to arrive, out of which 9 months of the season are yet to come

At present, 7 to 8 thousand bags are coming daily in the mandis of Gujarat, against an average of 10 to 12 thousand bags of daily trade.

In Kota spot market in Rajasthan the prices dropped -32.3 Rupees to end at 11466.7 Rupees per 100 kg.

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