IGI Logo

Turmeric

* Turmeric trading range for the day is 8308-9260.

* Turmeric dropped as the arrival of turmeric in the Nizamabad yard has doubled.

* Pressure also seen as no demand for shipments at current prices of around ₹9,000 and export prospects of turmeric have been affected.

* 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 8058.35 Rupees gained 3.55 Rupees

Jeera

* Jeera trading range for the day is 13895-14145.

* Jeera gained as there is a possibility of a decrease in the production of cumin due to the rise in temperature.

* However upside seen limited as the arrival from the fields has started intensifying

* In Unjha Mandi, 21,000 bags have come in as compared to 12,500 bags in Rajkot whereas 7,500 bags have arrived in Rajkot

* In Unjha, a key spot market in Gujarat, jeera edged down by -40.6 Rupees to end at 13561.1 Rupees per 100 kg.

Dhaniya

* Dhaniya trading range for the day is 6632-7312.

* Dhaniya dropped as pressure seen after 35,800 bags have arrived in major trading centers of Rajasthan.

* The domestic and export sales will grow by over 20% over the previous year as spices will be much in demand.

* From Rajasthan not more than 12 lakh bags of coriander is expected.

* In Kota spot market in Rajasthan the prices gained 2.1 Rupees to end at 7019.45 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