IGI Logo

Turmeric

Turmeric trading range for the day is 8270-9262.

Turmeric gained as turmeric crop was damaged in Maharashtra, Nizamabad in Telangana and Kadapa in Andhra Pradesh due to rains and cyclones.

However new season turmeric is arriving in the market and exports are normal this season.

In the first 9 months (April-December) of FY 2021-22, exports declined by 20.7% over the previous year to 1,16,400 tonnes.

In Nizamabad, a major spot market in AP, the price ended at 9000 Rupees dropped -36.1 Rupees.

Jeera

Jeera trading range for the day is 20785-21615.

Jeera gained on reports of decline in sowing area and improving domestic demand.

The export of cumin in April-January declined by 23% year-on-year to 1.88 lakh tonnes as compared to 2.44 lakh tonnes in the previous year.

In 2021-22, the area under cumin in Gujarat is only 3.07 lakh hectares as compared to 4.69 lakh hectares in the same period last year the sowing season.

In Unjha, a key spot market in Gujarat, jeera edged up by 272.2 Rupees to end at 21100 Rupees per 100 kg.

Dhaniya

Dhaniya trading range for the day is 10589-11101.

Dhaniya prices gained on lower-than-normal acreage and fears of production shortfall due to cold wave in North India.

Coriander sowing is completed and sowing area is reported down by 10 – 15% compared to last year.

Exports during the April-December period declined by 13% to 37,500 tonnes from 43,100 tonnes last year, but 11% higher than the 5-year average.

In Kota spot market in Rajasthan the prices gained 53 Rupees to end at 10486 Rupees per 100 kg.

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer