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Jeera

Observations

Jeera trading range for the day is 25650-27390.

Jeera dropped as the expectation of higher production weighed on the prices.

China's cumin output soared to over 55-60 thousand tons from the previous 28-30 thousand tons.

Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.

In Unjha, a major spot market, the price ended at 27119.2 Rupees gained by 0.33 percent.

BUY JEERA AUG @ 26500 SL 26200 TGT 27000-27300. NCDEX

Dhaniya

Observations

Dhaniya trading range for the day is 7146-7278.

Dhaniya prices dropped due to good arrivals in major markets.

Daily arrival of 40000 bags witnessed in Ramganj mandi and around 20000 to 30000 bags coming in Kota.

Traders are reporting decline in yield highlighting the challenges faced in coriander cultivation

In Gondal, a major spot market, the price ended at 7317.25 Rupees gained by 0.05 percent.

BUY DHANIYA AUG @ 7150 SL 7050 TGT 7300-7400. NCDEX

Turmeric

Observations

Turmeric trading range for the day is 15370-15982.

Turmeric gains as farmers are holding back stocks in anticipation of a further rise.

Turmeric sowing on the Erode line is reported to be double as compared to last year.

Turmeric was sown in about 3/3.25 lakh hectares in the country last year, which is estimated to increase to 3.75/4 lakh hectares this year.

In Nizamabad, a major spot market, the price ended at 16551.7 Rupees dropped by -0.81 percent

BUY TURMERIC AUG @ 15600 SL 15300 TGT 16000-16200. NCDEX