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Turmeric

Turmeric trading range for the day is 8622-9178.

Turmeric dropped as 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.

Pressure also seen due to tensions between Ukraine and Russia which may disrupt shipments of spices to Europe and other destinations.

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 20775-21895.

Jeera settled flat as 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

Pressure also seen due to tensions between Ukraine and Russia which may disrupt shipments of spices to Europe and other destinations.

Pressure also seen due to tensions between Ukraine and Russia which may disrupt shipments of spices to Europe and other destinations.

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 10488-11144.

Dhaniya prices settled flat due to increased arrivals from the season crop.

The Russian invasion of Ukraine could affect the supply of coriander from Romania and Bulgaria, which would help the Indian market.

The export of coriander declined by 15% to 3,590 tonnes in January 2022 as compared to 4,630 tonnes in December 2021.

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

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