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Jeera

Observations

Jeera trading range for the day is 23510-24210.

Jeera dropped on profit booking after prices gained as sowing has been delayed

Higher day temperatures in the past few weeks has impacted the seeding of jeera and has also led to poor germination in various places.

In Gujarat, jeera sowing has taken place in only 57,915 hectares till November 25 during the rabi 2024-25 cropping season.

In Unjha, a major spot market, the price ended at 24273.4 Rupees dropped by -0.28 percent.

BUY JEERA JAN @ 23600 SL 23300 TGT 24000-24200. NCDEX

Dhaniya

Observations

Dhaniya trading range for the day is 7800-8076.

Dhaniya dropped on profit booking after prices gained driven by the opening of export markets

Sowing has been delayed due to excessive soil moisture, limiting future supply.

Lower carryover stocks at production centers further tighten the market.

In Gondal, a major spot market, the price ended at 7844.65 Rupees dropped by -0.03 percent.

BUY DHANIYA JAN @ 7850 SL 7750 TGT 7950-8050. NCDEX

Turmeric

Observations

Turmeric trading range for the day is 13676-14100.

Turmeric dropped as turmeric crop is reported to be in good to excellent condition.

However downside seen limited on strong buying activity amid reports of low supplies till the arrival of new crop.

In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.

In Nizamabad, a major spot market, the price ended at 13655.7 Rupees dropped by -0.31 percent.

BUY TURMERIC APR @ 13700 SL 13400 TGT 14000-14200. NCDEX